Obama's stimulus plan has only exaggerated the fake recovery by funneling money into tax breaks and the short-term alleviation of state deficits. Massive State layoffs have only been delayed, not prevented.
I prefer to use the term "set back" when I get sucked back into the Black Hole. Because it's certainly not the end of recovery. From depression or any addiction. A relapse merely gives you a new starting place.
My mother wrote me after watching a piece on the News Hour. "This report makes Port au Prince looks as if it's actually a functioning city -- do you get that impression?" Functional, perhaps not. Functioning, without a doubt.
Tax cuts were the biggest individual component of the Recovery Act. Even though only half of taxpayers have filed so far this year, tax refunds are already up nearly 10% from last year due to the Recovery Act.
Thanks to the Recovery Act, there are hundreds of thousands of teachers in classrooms, police on the beat, construction workers fixing our infrastructure, engineers building the the smart grid, and much more.
Imagine all of the Federal buildings in Washington collapsing in less than a minute killing 30-40% of our government workforce, crippling the tax collection system leaving the government no money to pay salaries or overhead.