Stimulus 5.0
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A few months ago I counted; we're at 15 federal stimulus programs and still growing:
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I don't dispute the unemployment problem. How do Keynesians dispute that trillions have been spent already and it's simply not working. Will they ever see sufficient reason to re-examine theory? Or is reason just never the right word to use in reference to modern disciples of Lord Keynes?
Read this at your own peril.
"Fourteen million out of work! Sixteen notable economists and historians have joined in a consensus statement for The Daily Beast demanding urgent action on unemployment and the faltering recovery. Joseph Stiglitz, Alan Blinder, Robert Reich, Richard Parker, Derek Shearer, Laura Tyson, Sir Harold Evans, and other thought leaders have produced a manifesto calling for more government stimulus and tax credits to put America back to work."
Reader Comments (4)
Secretary of state also unveils $500 million in new aid for Pakistan
http://www.msnbc.msn.com/id/38304435/ns/world_news-south_and_central_asia
Commentary: Wall Street reform does nothing for Main Street
http://www.marketwatch.com/story/wall-street-reform-does-nothing-for-main-street-2010-07-18?link=kiosk
Well guess what? ...RecoverylessRecovery is not alone!
"Hugh Hendry, Hedge Fund Manager: 'If There Was A Way To Short Obama, I Would"
http://www.huffingtonpost.com/2010/07/19/hugh-hendry-hedge-fund-ma_n_651783.html