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Bernanke: Obama stimulus would lift economy

notice Bernanke says "more capital injections... may be necessary". Those of us that were dead set against the bailout were afraid of this happening.
Since the public doesn't trust politicians anymore, it will take A LOT to make people start spending like they have the last 40 years. The economy WILL NOT pickup just because politicians tell us to start spending money, the economy MAY pick up when Wall Street starts back up again, (although I doubt that also).
My opinion is that the economy won't pick up and people WILL NOT start buying again until they see the government cut back on spending and start to downsize the federal bureaucracy, something that is a long ways off!
Try all the 'economic stimulus' plans, and bailout plans that you want but unless and until the Am. public gets confidence in ITS GOVERNMENT the publics' spending will be only for essentials.

I agree with C. Rather than stimulus, give the businesses a tax break, not a bail out and this will create jobs.

The government needs to stop this spending spree, and I agree people won't begin buying again until they feel the government is doing the same.

I doubt though that Obama will downsize the bureaucracy, because some of them have probably contributed to the current Obama presidency. However if we did do that (and he hasn't the courage to do it either and neither does Congress who wants their own slice of the pie) and until then C is right, we will keep buying essentials unless an appliance breaks or a car needs too many repairs.

All I hear about is giving big companies, big money. Why can't the people that are representing us see that the only way to get people to spend money is to give the taxpayer the money. People would pay off their mortgages and car loans, which that money would go to the banks. People would start buying houses and cars again. Am I the only one that can see this?

Before anymore stimlus money is added to our economy how about a complete cleansing of the financial markets? Inject all you want but until people are working at jobs that pay enough to live on nothing is going to change. Bring back to jobs from overseas, and clean up the greed or nothing will change. How are people going to spend money when they don't have a job? Or if they don't make enough to pay the basics in life?