The Left, and People Who Know Arithmetic, Always Said the Stimulus Was Inadequate

Dana Milbank devoted his column to the disenchantment of progressives with the current political situation. At one point he comments that:

"the still-lumbering economy has depressed President Obama’s supporters."

While this is no doubt true, it is worth mentioning that just about all progressives said at the time that the stimulus would be inadequate to restore the economy to a healthy growth path. The collapse of the housing bubble destroyed close to $1.2 trillion in annual demand from const...