This is why I hate so-called "economists" with a passion, as this is the exactly the sort of thing they advocate to "protect the economy". Ugh! Socialism for the rich, indeed.
From now on, I'm going to openly advocate full socialism for everyone...if those rich old snots can get the goods, so can I. I want 100% free health care, I want subsidized housing, I want an uber-high min wage along with a 30-hour work week, and of course, full retirement at age 55 at 80% of average salary. And I want a brand-new high-speed rail system nationwide, with super-cheap subsidized fares. And while we're at it, I want a decent space program too...first person on Mars by 2015, a permanent base there of at least 1000 people by 2025, along with massive space stations in orbit around the Earth.
Oh, you say this can't be done? Not enough money in the US treasury to pay for all of those goodies? Oh pul-leese!!!
Well, somebody had very well come up with some real, hard evidence is to why this might be, considering all the hundreds of billions, trillions even, our friendly gov't has tossed down the rat hole in the past few years...all so a few rich people can get even richer. Until someone can do that for me, I wanna see some real gov't spending, and I wanna see it happen now.

Nowhere to run, nowhere to hide...
...and the meek shall inherit the Earth!