Scott Adams, the creator of Dilbert, weighs in on the current approach to getting us all to spend money again.
This is yet another situation where smart people are ironically incompetent if left to their own devices. If the world were populated only with the smart and well-informed, we'd all sit around waiting for someone else to spend money first, so they can take the highest risk. Eventually society would crumble and all of us geniuses would be eaten by rats. But if you throw a bunch of clueless bastards into the mix, suddenly the economy is supercharged. Money is flying everywhere, confidence becomes warranted, and the economy flourishes.