[lbo-talk] America's fiscal union

Michael Pollak mpollak at panix.com
Thu Sep 8 09:44:05 PDT 2011


On Thu, 8 Sep 2011, SA wrote:


> But if they're convinced stimulus doesn't help, why did they verbally
> support the 2009 stimulus?

Many of their favorite prominent economists argue the experience of the stimulus proved it didn't work. Plus that the debt ratio is much higher now. Plus that we're technically in recovery instead of shock-induced steep recession.

They're dead wrong, but they can cite no end of good evidence and experts they say they're dead right.

Michael



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