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It's clear that President Barack Obama's $787-billion stimulus hasn't worked as advertised, but some economists are worried it could backfire and cause something much worse.
According to a new study by economists Charles Rowley of George Mason University and Nathanael Smith of the Locke Institute and endorsed by Nobel laureate James Buchanan, the Keynesian tactics employed by Obama
"will ultimately hamper the long-term growth potential of the U.S. economy and may risk delaying full economic recovery by several years."
The study accuses the president of making Depression-era mistakes likely to have Depresson-era results...
[But it will provide the 'crisis' needed to allow real change...]
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