Sounds like the NYT is getting it.

Yet another article talks about the parallels to the subsequent response to the 1929 crash and Great Depression, which led Roosevelt to prematurely start reigning in debt, only to plunge the economy back down again.  What is being ignored by this article however, is that big asset write down that is ramping up...that second wave of mortgage resets.  They didn't have that in the 1930's.

But I love this excerpt, which I think properly describes what's going on:

Our economy remains in rough shape, by any measure. So it’s easy to confuse its condition (bad) with its direction (better) and to lose sight of how much worse it could be. The unyielding criticism from those who opposed stimulus from the get-go — laissez-faire economists, Congressional Republicans, German leaders — plays a role, too. They’re able to shout louder than the data.

It's just an awful shame that people are being fooled by the shouting people.