Stimulus delusions

The stimulus idea always sounds good to people like Obama, because they know essentially nothing about how the economy actually works.  In the video, President Clueless describes his weatherization program and asks "What would be a more effective stimulus package than that?"  Of course, in actual practice it stimulated nothing, turned out to be a complete and total flop.

Video: A case study of the stimulus

"The only positive outcome from the stimulus is that it put an end to the fantasy that top-down control of the economy and government intervention creates economic growth.  If we learn that lesson for more than just a few years, it might make the huge loss and our current economic stagnation worth it."

Why Obama's Stimulus Failed: A Case Study of Silver Spring, Maryland