Rep. Ron Paul (R-Texas) nails it in a piece on RealClearPolitics today:
We are at an economic dead-end and those in power are in denial. The truth is our economic problems are due to loose monetary policy, central economic planning, and the parasitic expenses of government. Unless we assess these problems honestly, we unfortunately have a long way to go until, like the junkie, we hit rock bottom.
Government can’t create prosperity. The more Congress tries to stimulate the economy, the more the economy will sink.