Saturday, November 21

The surge^H^H^H^H^Hstimulus is working!

NYT gathers projected counterfactuals...
posted 3:36 PM
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5 comments:

  1. AnonymousSaturday, November 21, 2009 at 3:42:00 PM CST

    There's still room for improvement though: http://www.pressdisplay.com/pressdisplay/showlink.aspx?bookmarkid=OYSVOXYZND41&preview=article&linkid=3025e86a-0231-4199-bdad-0d9299b18590&pdaffid=ZVFwBG5jk4Kvl9OaBJc5%2bg%3d%3d

    Sincerely,
    MediaMentions

    ReplyDelete
  2. MetavirusMonday, November 23, 2009 at 4:05:00 PM CST

    i forget, were/are you pro or anti-stimulus?

    ReplyDelete
  3. Gherald LMonday, November 23, 2009 at 4:19:00 PM CST

    I wanted payroll tax cuts (at least 2 years, preferably 4 years). What we got stimulated, but it was a bunch of pork for Democratic interests.

    I also think the stimulus was too big and too wasteful. Of course if it were smaller, unemployment would have been worse and GDP would have shrunk even more--but this is a feature, not a bug. A correction was necessary. The sooner business focused on their fundamentals rather than absurd giveaways like Clash for Clunkers, the better.

    ReplyDelete
  4. MetavirusMonday, November 23, 2009 at 5:09:00 PM CST

    ok, so basically the stimulus was a good thing that saved us from a really bad crater and may or may not have been too much or too little. sounds like they did the right thing to me.

    ReplyDelete
  5. MetavirusMonday, November 23, 2009 at 5:10:00 PM CST

    i mean, for fuxake, check the moody's figures. could you IMAGINE the sturm and drang if the recession last into mid-2010!?

    ReplyDelete

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