"Those who learn from history are doomed to watch others repeat it" (drx).  So maybe looking at the history of FDR's guidance out of the great depression might just provide some kind of heads up this time around?

FDR was heckled into curtailing stimulus, in favor of budget concerns, in the late 30's.  The economy did another dip, then war production finally ended the depression.

Should we heed the duplicitous warnings of neocons and bush era leaders on debt, and stop the stimulus a few months into it's initiation?  After only wall street has been stimulated?  And after none of the regulation imposed by FDR on wall street scamming is repeated under Obama's watch?

Even though Obama's plan is already restoring confidence?  The index of leading economic indicators just jumped 1.2%, the largest amount in 5 years.  I say we stay the course with the Obama stimulus.  The percent of government borrowing compared to GNP is around 14%, identical to what it was in 1942.  A roaring economy helped win the war and revived our nation taking us out from under that debt load.  Real regulation ushered in 50 years of relative economic calm/growth.  Prosperity reigned until de-regulation in the 80's brought on the savings&loan crisis.

Re-regulate Barack, we are still with you, despite moroniic media polling telling us otherwise.  Talking heads are yammering about Obama waning in  public confidence in recent polling.  Self fullfilling BS.  Ask the wrong question and you get the right answer?  Tabloid nonsense, don't let pollsters waterboard the real mood of the nation, positive on the economy and Barack's leadership.

Remember how long it took bush to turn a balanced budget under Clinton and record prosperity for the middle class into recession verging on depression?  Is Obama expected to turn it around in a few months? Nope.