In my personal opinion the biggest mistake the obama administration has done so far was giving that 40 million or so of tax payer money to G.M .I honestly believe that the administration knew that G.M would in fact file for bankruptcy,it does not take a high paid economist to tell us the tax payers that G.M would or would not file bankruptcy i could tell you that they were and am a college freshman.It is really a stupid move from an administration backed and collaborated with one of the worlds best consultants and advisors.Can we buy our selves out of debt by spending more i do not know,but ill work on it i promise.
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