That's how Robert Zoellick, former USTR and now World Bank head, describes stimulus packages, adding that "they would likely lead to another crash." (click here.)
Speaking at a forum in Belgium last Saturday, he also says that the global economy will shrink up to 2 percent. Citing an IMF report, "global economic recovery won't come until 2010, according to the IMF report. The world's economic powers will struggle to break even in the new year, while developing nations' economies will surge by up to 4.5 percent."
Here is a Time article on the AIG bailout.