Pubic Realizes – Stimulus Won’t Work

While Congress tries to figure out whether the final solution to the economic crisis needs to cost $800 billion or maybe rather $1.1 trillion, the people have already figured out that it won’t work either way.

A poll shows that 77% out of  145,000 readers have realized that the spending spree stimulus “won’t make any difference”:

Stimulus Poll

I would add to this: Not only will it not make a difference, it will make the situation worse than it would have been, had the spending not occurred. I explained this on numerous occasions in articles such as The Trouble With Bureaucracy or The Economics of Corporate Bailouts, or Reflate the Economy? Now?? or Welcome to Krugmanland.

Related Posts:

  • No Related Posts

1 thought on “Pubic Realizes – Stimulus Won’t Work”

  1. Pingback: BMiContent

Leave a Reply

Your email address will not be published. Required fields are marked *

Subscribe without commenting