About the government stimulus programs, Drew Matus, Senior U.S. Economist at BofA Merrill Lynch, recently wrote, "Coming at a key moment in the evolution of the economy, this boost was a welcome event that likely helped to prevent a bad situation from getting even worse."

True enough, yet the right-wing will choose to prematurely judge and conclude the stimulus is a bust.

For some proof to the contrary, click here and here and here and here and here and here and here and here and here and here. (I could've made the list longer).

For those who understand economics, if the government is going to elevate spending it should do so during recessionary times -- and this current downturn was in jeopardy of easily cascading into a full blown depression (oh, how we quickly forget). Funny, not too long ago that didn't stop the GOP-controlled government from spending like crazy during non-recessionary times.

But now they're newborn deficit hawks, quick to condemn the stimulus effort. Hilarious.