VoT, your opinion is of course your very own, but it is pretentius to call it Truth, unless you have some demonstrable inside track or hard data to offer.

The only way to get your economy right will be tax and spend to create domestic demand, and sort inflation later. Tax and spend could direct spending away from the places where money is hoovered up and sent to other countries as dividend, too. You desperately need that spend on infrastructure, if I read it right.

The issue is not whether to tax-and-spend. We already do that. The question is whether to spend on things that make thigns better, or on things that worsen the situations in play. Obama has as good a grasp on how to better the situation as anyone ont he field, and is also less scarred, stronger of character, and more conscious, IMHO, of the dynamics that make a difference in bettering the coutnry.

A