I take no pleasure in being proved fucking right (and, who knows, things could change), but it seems economy pessimists are currently winning. I don't expect that my mighty blogs will really change the world, but I have for some time been saying that more needs to be done. At this point it seems the administration is more wedded to pretending things are ok, if not good enough, than screaming that things are awful and trying to do something about it. Yes constrained by Congress, yada yada, but they could at least make the case. Who knows, maybe charismatic politicians can sway a few votes, even in the Senate.