re: The swing analogy
What we are facing now is not a cyclical downturn, it is, to borrow the phrase, a once in a century event. We are in a global economic meltdown. There is a reasonable possibility the Obama economic plan won't work and then, yes, something else will have to be tried. But it is counter intuitive to suggest several trillion dollars pumped into targeted sectors of the economy cannot be helpful.
For the record I'm glad there will also be hundreds of billions in tax cuts along with this package.