Jim Jubak worries that all the talk about "green shoots" will lead to a "W" style recession, for reasons similar to 1937 being the second trough of the Depression.
He notes that FDR and his brains trust reacted quickly when they realized they had made a mistake, though. On something like a second stimulus, he said Obama might find it next to impossible, politically, to do that.
And, elsewhere, Jubak argues we do need to at least consider the possibility of a second stimulus, but an actual, targeted, stimulus bill, not pork.
As for all the worry about debt and deficits, Jubak says the private sector should look in the mirror, and that includes businesses, not just households.
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