President-elect Obama announced the other day that the government would do "whatever it takes" to revive the economy.

I suppose that made some people feel good. After all, who wouldn't want tireless effort in the face of a crucial problem?

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Unfortunately, the problem with the economy isn't insufficient effort or focus. The problem is that no one knows what to do next. Hank Paulson already looks like a man who's not sleeping enough. His problem isn't insufficient effort. It's too much effort.

If reviving the economy were like reviving a patient whose...  full article