Quote Originally Posted by RoundEye
My point exactly,, more debt to attempt to fix debt. It doesn't work.
Nobody is attempting to "fix" debt. Demand has clearly shifted in a negative fashion as displayed in recent downward volatility in prices.

Why put it off until 2010,, or is this just greasing the skids for the mid term election? Hmm?
How long do you expect it to take to secure the capital via sovereign debt markets, appropriate, plan, and begin construction? Not something that happens over night.

OOhhh but wait.. Obama said he could fix it all with the first stimulous. So, that leaves ONLY two possibilities, He is either a liar or incompetent. He either lied to get the vote, or is so utterly incompetent that he didn't have the experience to see how bad things were from the Bush years. Can't have it both ways, it's one or the other.
Unemployment is a lagging indicator, and therefore has to be considered carefully when attempting to provide useful analysis. Things are just peachy compared to February.