Statism vs Capitalism

I have long suggested that we have not seen the end of stimulus since 2003 tax rebate. Though, don't expect it to be called "stimulus" going forward. To propose a second, technically a third stimulus, would imply that the most recent $780B+ stimulus has failed to right the economic ship.

"Targeted" programs looks to be the acceptable spin in 2010.

The government may need to continue “targeted” programs to stimulate the U.S. economy even as growth over the first half of this year likely will be enough to create jobs, President Barack Obama’s chief economist said.

Source: bloomberg.com