Hundreds of billions moving into trillions. Dramatic, history-making numbers. But where is the economic logic behind a stimulus package that doesn't fully click in for a number of years? How is every stimulus dollar spent actually going to stimulate? Why bailouts to institutions that only hoard the money? How is vast government spending simultaneously a kind of prudence that will not "add to the deficit?" How can such spending not trigger smothering levels of taxation?

This by way of saying that Larry Summers, Tim Geithner, and Ben Bernanke know nothing about economics.