More debt will cure debt?

Editor,

The U.S. economy is headed south in part because free-market mortgage bandits, enabled by free-market crony capitalists (aka BushCo), killed the goose that laid the golden egg -- money for nothing besides wheedling people into debt.

But the U.S. economy is also headed south because the U.S. economy has borrowed $9+ trillion (the other golden goose -- borrowing the cash no off-shored manufacturing base can ever generate), continues to run that total up, and now, presumably to goose itself into -- what? more borrowing? -- is going to borrow another $150 billion "stimulus" from our economic rivals.

But, hey, Milton Friedman, Ronald Reagan, Bill Clinton, and George Bush, a gaggle of economic geniuses nonpareil, deserve a statue to memorialize the magic of deregulation, off-shoring, and borrowing to consume.