no stimulus

[zdreg]

keynesian has not been tried .
http://www.businessinsider.com/krug...re-hasnt-been-any-government-spending-2010-10

is his statement correct?

 

[Picaso]

I'd say so. Most money has gone to replacing money States have not been spending.

You don't see any deficit hawks bragging and taking credit about firing teachers, police officers, etc.

Austerity may be a good policy, but the time to implement it is when you're doing well - saving for a rainy day, etc.

 

[olias]

Quote from Picaso:

I'd say so. Most money has gone to replacing money States have not been spending.

You don't see any deficit hawks bragging and taking credit about firing teachers, police officers, etc.

Austerity may be a good policy, but the time to implement it is when you're doing well - saving for a rainy day, etc.

agreed