The U.S. Economic Stimulus Plan

Economists disagree on the wisdom of extensive stimulus spending, as well as the particulars of the current U.S. plan. Given the current economic climate, most mainstream economists now say that the potential downsides of collapse are sufficiently grave that large stimulatory expenditures may be necessary. As the global financial and economic crisis has worsened, this viewpoint has gained international popularity. In a December 2008 paper released by the ... Full Story »

Posted by Dale Penn

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Peter L. Combs
4.1
by Peter L. Combs - Feb. 10, 2009

Well written, well sourced with thoughts, opinions and references to papers on the topic by a variety of economists. Economic theories abound here including what will happen if the stimulus fails or falls measurably short of the desired outcome. An excellent read.

This article points out very clearly that "some say" is the best they can do on many levels. Lets hope Timely, Targeted and Temporary do what they hope it might. The "Market " dropped like a brick today during Geithner's 10:30 talk..its now off 405 Points, the investment world disagrees with the latest plan.

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