I had confidence that the stimulus would have been the right sort of stimulus that would produce the type of projections that were made in early 2009, but now I am beginning to think it was a boondoggle for special interests in return for support in 2008. Solyndra does not inspire a lot of confidence, and may merely be the tip of the iceberg.
As for "we could have easily gotten far worse," failure is failure, and failure should not be rewarded unless you want more failure.
Obama had his chance, failed and now it's Romney's turn.
1) The stimulus was watered down by Republicans so it was not big enough
I expect better from somebody of your intelligence level. This is pure and utter hackishness. The Democrats had the largest majorities in Congress since the 1970s.
2) Data that just came out a few months ago indicates the economic disastor was even bigger than we realised so even if the stimulus wasn't watered down by the Republicans it still was not big enough.
Spending $800 billion on crap gets the same results as spending $1.6 trillion on crap. $800 billion, the largest fiscal stimulus in American history, should have produced better results than it did. It was not a problem of not spending enough; it was clearly a problem of not spending $800 billion the right way.
Any doctor will tell you if you need 10 days of antibiotics 5 days isn't going to cut it.
Any doctor will also tell you that using expensive placebos is not necessarily going to cut it either. And they will also tell you that you do not use a saw in surgery when a scalpel is sufficient. Finally, a lot of damage can be done in the operating room with the right equipment, but the wrong execution by the surgeon and their operating staff.