Washington Post headline this morning (print edition) is Planning a One-Two Punch with side-by-side stories on The Stimulus and The Bailout. The story on the stimulus package has the following title "Economists Agree: Speed Matters More Than Size or Shape." Really?! What about evidence on the New Deal and Japan were government spending was ineffective? How about the even more difficult problems economists have identified with crowding out of private investment by government, the risk of long term inflation due to expansionary monetary policy, and the long term public debt problems we will face from all this spending.