China Stimulates the World, But U.S. Fails to Ignite

Shouldn't the government stay out of the stock markets - if an individual was to 'manipulate' the markets like this they would look at jail time. Let the economy take it's natural course, don't try to influence it with money from government coffers because that money originates from the ordinary citizens of this country, who in turn will be taxed to death to put that money back into government coffers - sounds like a viscious circle to me!!!!

Even though people have no faith in things right now, the only answer to reversing this is to have that faith. how hard is it to see that for some people, the money you dump into the system is never going to help if your citizens don't believe that the system can be fixed. you have to Fix things by implementing policies to restructure most major companies not say hey here is all this money go fix it you selves, china is making a smart move for right now putting as many people to work as they can and improving their own infrastructure

sounds like a red new deal.

The only answer to reversing this is to let the artificial asset bubbles collapse to naturally supportable levels (3x household income for housing), get all the x- goldman and JP Morgan guys out of government positions, force transparent accounting practices for all IBs, hedge funds, banks, insurance companies, and to create transparent exchanges where things like credit default swaps can be marked to market rather than marked to model. And... let companies that should fail, FAIL and spend government money on incentivizing domestic innovation and manufacturing as well as infrastructure renewall projects. And... abolish the fed and return to gold-backed money.... or make it a felony charge for any bank directors of banks that exceed fractional-reserve lending of 10 to 1. Finally, stop thinking that this will be over soon. This will take 5 years to fix if done the right way... if not done the right way, it will fix itself but over a much longer period. See Japan for forecast of what is to come.

Talk about bad karma... What goes around... It does come around! It's time to be more humane, to think about the common people, the struggles we face. This Economy as we know it is INHUMANE! Down with the very rich!

Our problems are not the fault of the Chinese. We don't save and we don't make very many goods. We had an attractive stable financial which held us up somewhat in international trade; but we screwed that up, perhaps irreversibly so. We can't borrow any more and we don't know how to make things cheaply enough they sell overseas. We need to start saving and learn how to produce good things cheaply. I don't see it happening and we are the only ones to blame.

wow, I cant believe the negative energy out here. The stimulus package for China is a good thing for them and the world as their leader announced. Their building of infrastructure will result in economic exports from us. to them, stimulating our economy. I think patients is called for here. The problem we have is at our economic base. (working people without enough income.) Obama may recognize that while trade is good, it needs some restrictions like being balanced with considerations for us employment numbers. Take heart, watch carefully.

Stimulus packages are a bailout for irresponsible behavior. What is required is tough love, letting people pay and hopefully learn from their mistakes. Bailouts, whether in America or China etc only encourage irresponsibility at the cost of short term relief. Just like illegal drugs. If you play you pay, no no bailouts

GM's electric cars the answer???? The Greenies forget where we get electricity. Most of it comes from coal-fired plants. Obama will effectively put them out of business with his carbon-trading. Where will cheap electricity come from then? I agree with an earlier poster who said that no stimulus plan will work until we utilize the cheap energy available to us. Until we allow meaningful drilling off the coasts, use the world's largest supply of coal, and put people ahead of "snail-darters", we will become a second-rate power controlled by the Arabs and China. Thanks enviornmentalists.

Obama to the economy, is what Inspector Clouseau is to policing. Inspector Clouseau Obama.

There's nothing better than reading an argument between opinionated economymongers who are duking it out through Yahoo article comments. :) Why don't you go do something constructive, like collect Pokemon cards?

in 1930, Governments around the world made the wrong policy by contraction of money supply. Now they are increasing the supply of money, let's just hope it's right this time.

about GM and the banks.... quote: "...after Deutsche Bank lowered its price target to zero." the first time ever since that crisis a banker tells us the full truth! general motors is worth NOTHING! nothing at all. if - and only if - there are still a few cars needed in america, gm workers should apply for a job at japanese & german carmakers in the usa. maybe this way we could perhaps save a few jobs...........

Sow the wind, reap the world wind. Spitting into the whirlwind.

What's being asked by the many is that the upper crust , those who have the most financial power,-- voluntarily give up enough of that power so that the many who are without much or any of that power or wealth can live with a minimum of dignity. Of those who have much, much is being asked. It behooves the powerful to rationally give up some power in order to retain some. However, power corrupts. And the wealthy and powerful are disinclined to be generous. The result of too much corruption in the past has been turmoil, revolution and all the excesses which accompany them. Leopards do not change their spots. Those in control rerely give up any part of their power voluntarily. The book , The Lord of the Ring, tells all about the lure of power. We are suffering this financially sick condition because of the unrestrained love of wealth and power by people lacking decency or ethical principles. Villains, all.

the U.S. has been stimulating the world for the past 100 years - where's the payback - is stimulating a free process

Funny how the California housing market is in total denial. People still wanting half a mil for a 50 year old house, what a joke.

Your exactly right, I heard the same thing on the news about the cal housing market, i think the banks are to blamed as well. You should expect prices to drop another 30% in the next 6 months.

this is what happen's when common sense does not come into play.for both buyer and seller. so now they are both in a jam. the seller has the fed. the buyer has his knee's. anyway gene 30%is low. LET THE GOOD TIMES ROLL.

Our Government Has Failed U.S. Yes us &USA. Our market is going down. It's going down. Our Market is going to Crash!!!! When we passed the 700billion dollars there should have been a remarket plan to refinanced the american home owners'! Yes China is stimulating itself however the American Government forgot to take care of its' {her} people. Now we are going to pay the price very hard. Bye AIG, bye GM, bye bye Fannie Mae and Freddie Mac and all you BIg Bank Corps! It is time for the little poor people and small Business to start running this country again.