[Retired Greyhound]

When people ask why the Obama stimulus didn’t accomplish more, one good response is to ask, what stimulus?

Krugman is not entirely wrong here. There was no "stimulus". Congress passed a bill full of $787B dollars worth of liberal pet projects, the vast majority of it being nonsense.

Deficit spending in a recession is fine, and spending on infrastructure is a fine idea, but we are too far down the road of wasteful govt. spending at this point.

Let's start cutting pork, and I'd be all for spending on infrastructure.

[mlo]

"Deficit spending in a recession is fine, and spending on infrastructure is a fine idea, but we are too far down the road of wasteful govt. spending at this point."

No, it's not fine. It's just one of those Keynsian notions that is repeated so often that everyone assumes it must be true.

[Newtoidaho]

There was about $20 billion of infrastructure “shovel-ready” projects in the porkulus bill, and this was the only money for projects the R’s weren’t opposed to. EVERYTHING ELSE was completely wasted.

$20 billion for infrastructure is like pissing on a forest fire to try to put it out.