Things are getting more interesting regarding the economy right now. As worries that a recession is inevitably mount, many leaders are scrambling to try and limit its scope. Ben Bernanke today offered a hint that the Fed may cut interest rates again soon, and he also offered support for a second economic stimulus package. Town Hall reports on Bernanke’s remarks about economic stimulus:

"With the economy likely to be weak for several quarters, and with some
risk of a protracted slowdown, consideration of a fiscal package by the
Congress at this juncture seems appropriate," Bernanke said in prepared
testimony to the panel.

I’m not entirely sure that a second economic stimulus package is such a good idea. (After all, I wasn’t thrilled about the first economic stimulus.) We are increasing our country’s deficit and trying to fix a problem by throwing money at it rather than changing the way we do things. And it’s obvious that a substantial change in the way we do things is warranted.

What do you think about a second economic stimulus package?