Iowan, most economists flat-out don't agree with you. Deficit spending to get out of recessions is Keynesianism whether Reagan did it or Obama. Maybe you can find one or two rogue economists who think that cutting spending is the way to get out of a recession, but I doubt it. And if tax cuts were the key to prosperity we would not be in this mess, now would we? They are as low as your Party wanted them to be, which is pretty darned low for the post-WWII era.

In short, your prescriptions are preposterous as ways to increase employment. Of course we should reform Fannie and Freddie, but it was just as important to reform the financial sector in general, which Obama managed to get a good start on, not that your side helped. When the Republicans had things all their own way for the runup to this disaster, it's hard to credit these warmed-over Republican talking points with any power to do any good.