Today Obama will pump another 300 billion dollars into the United States economy. Despite the meager results that Keynesian schemes have on employment, the US president will insist on this strategy once again. Stimulus plans like this will help a little less than applying reforms that are destined to relieve and repair the principle problems with the US economy, namely, too much consumer debt and not compete enough with emerging economies.
The contrarian view is that the US will continue adding to its debt and dealing with a Republican opposition.
Ultimately, the country could bring the nation's financial situation toward an uncomfortable and hardly sustainable point, where generations from now hard-up Americans will be paying down their predecessors' mistakes.
