Quote Originally Posted by crimsonedge View Post
There are some things IMO that are good ideas with Socialism, but I wouldn't take the entire package and adopt.

You cannot just simply print money and throw it into the economy and expect to get good results, you do nothing but inflate the currency and make what everyone already has, worth less. Prices on everything rising during a recession isn't just a fail idea, its epic fail. What Ben Bernanke calls quantitative easing, or QE1, QE2, QE3, etc, is just printing more money. In fact I can't think of one example in history where just printing money and throwing it into the economy has gotten good results. Someone as smart as Ben Bernanke should know this, unless he has another intention.
It was a joke. The stereotypical american reaction to the slightest hint of socialism.

It didn't really work like that though. It was more of a restructuring and recirculation. Taking money out of private sector spending and putting it into as many hands as possible. Money gets moved around. That's also part of why the recovery spending is sorta slow going. There's a limit to how much money can be moved around in short order. If they were simply "priting more money", funding for the recovery act would be progressing much more smoothly.