Different Economic Attitudes

President Obama is trying to get America to accept additional spending to encourage an insipid economic upturn, while the Congress, and the Senate in particular,is more inetrested in minimising what they see as alarming, and unnecessary, national deficits. The worry is that there will be a re-run of 1937, when budget tightening extended the depresion until the war brought an explosion of economic activity. In Europe, the consensus is clearly with those who favour fiscal conservatism. Who is right? Who, in his right mind, would want to be responsible for deciding which route to take?