Second verse same as the first

February 16, 2009

greed

(h/t Cafe Hayek)

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3 Responses to “Second verse same as the first”

  1. kate Says:

    You’re saying that you don’t think the stimulus package will improve anything – long term?

  2. John in IL Says:

    Long term, no. Where is the evidence that this has worked? It will have short term effects. You can’t shove that much money into an economy without an effect. It will help GDP short term. But is this a successful strategy for long term economic growth? I would say no.

    Long term growth depends on stable government policies.


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