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Slamming Stimulus: Chris Edwards on C-SPAN

Economists do not have an accurate or agreed-upon model of the short-run economy, and their advice is often in error. Politicians should be more humble about their ability to control short-term eco...
Economists do not have an accurate or agreed-upon model of the short-run economy, and their advice is often in error. Politicians should be more humble about their ability to control short-term economic ups and downs. Legislative action based on incomplete information risks destabilizing the economy further. Efforts to fix short-term problems often create long-term damage ‹ such as by putting the nation further into debt. Chris Edwards appeared on C-SPAN's Washington Journal recently to discuss the "stimulus package" proposed by President-elect Obama.
Category:  News & Politics
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illmagnified (3 months ago) Show Hide
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Once our borders cease to exist- then people are going to start waking up but it will be TO LATE considering the legislation will have already been passed. Look at Texas- right in their own backyards, their property has been STOLEN from them to build the International shipping grid, or super highway that connects us with Mexico all the way into Canada. These FEMA camps are being built right in front of you, and you don't question their existence. WHY DO YOU THINK ALL THIS IS HAPPENING PEOPLE?
illmagnified (3 months ago) Show Hide
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People are completely oblivious to his actions. He turned a complete 180 once in office on his foreign policy (just like he is doing on the rest of his bullshit he promised on his campaign trail)- He called for 17,000 of our Countries sons and daughters, your brothers and sisters, fathers and mothers- to go wage a war against a "faceless" enemy which is over power and economics than "terrorism", with 30,000**** more PEOPLE on call. He is destroying our borders merging with Canada and Mexico.
illmagnified (3 months ago) Show Hide
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I cant stand what Obama is doing to our nation. We will be paying for his poor decisions for generations to come. Obama is a socialist with a socialist agenda. "The Obama Deception"- Watch it and write down the facts, Research them after the documentary. Learn the truth and step out of ignorance. Obama is a member of the CFR, attends Bilderburg meetings (with Rockafeller,Rothchilds,Queen of England Etc-scum), wants a CIVILIAN STANDING ARMY (Why does he want a Hitler Youth Army)
wisdumcube (3 months ago) Show Hide
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No, Obama is not trying to get the government out of debt, he's trying to keep Americans out of debt by paying off bad mortgages and stimulating businesses. If this works, we will be out of debt sometime in the future... The majority of Americans keeping their jobs is more important than reducing federal debt in the short term.
openedskittles (4 months ago) Show Hide
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It's good to see there are a few people on Youtube that still believe in classic liberalism over the abomination of modern liberalism that seems to engulf most of this site.
ferdie928 (4 months ago) Show Hide
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dated: 02.26.09 They'll keep the money,ask for more or file bankruptcy. It will all end in court. Taxpayer must speakout!
sexcalibur66 (4 months ago) Show Hide
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The fastest way to destroy a free country is to take away its money.Just like a man that looses his job,the longer he goes without income the more desperate he becomes and will do many things he never would have done before.
eightyschild (4 months ago) Show Hide
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two trillion passed today : (
$2,000,000,000,000.00 look at the stock market it did not do well
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DavidCaddock (5 months ago) Show Hide
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The easiest thing to think about with government stimulus spending is that it's going to come at the expense of higher taxes, government debt, inflation, or a delicious combination of all three. This stimulus package could very well destroy our nations economy.
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