Current Events — HabitableZone

Current Events » in reply to an economic stimulus approved by mainstream economists, not one that horrified the whole profession like Bush used

You're skirting the question Greg.

The crux of the link you posted blamed Bush for the recession, and our declining position in the world economy due to rising deficits.

Again, what kind of stimulus, Keynesian or otherwise, would not increase the deficit? Doing nothing is politically not an option.

I happen to agree that tax cuts are not desirable. In the long run a Yo-Yo-ing fiscal policy will do more harm than good. Better to loosen the purse strings than to loosen the noose around the taxpayer’s neck.

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