Does Anyone feel like Bailing

Originally Posted by tw

We know due to economic mismanagement in the 2000s (ie tax cuts for the rich, Enron accounting without any prosecution, etc) that we created a 2008 meltdown. History says massive jobs losses will occur in 2012. That is inevitable due to money games played and encouraged throughout the 2000s.

The 2000s were a lost decade, but some, particularly the critics, obviously chose to ignore that.

Many economists see job growth returning by this summer, but that still wont address the long-term need to retool and restructure the economy on a much larger scale.

Repeating myself (from my link on the lost decade):

Most of the recovery money has yet to be spent (by intent) and is directed towards retooling the economy by focusing on developing new energy technologies, a national broadband network, wide spread infrastructure improvement, investments in health technology, investments in education...all critical if you're interest is looking forward to be better positioned to compete in a global economy in which we may have lost the competitive edge that we enjoyed for decades.

I still havent heard a better approach from the critics here...they just keep on bailing out.