I’m not sure exactly what the “Democrat’” stimulus plan will stimulate beyond the national debt. It threatens to open a deficit chasm that will make the Bush deficits look like ruts in an unpaved country road by comparison. Treasury Secretary Timothy Geithner ought to think twice about antagonizing China with accusations of currency manipulation as we are going to need them to buy up all this debt the Treasury will be issuing. But, maybe Geithner didn’t really mean that and just made an honest mistake.
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