Paul Krugman on the Stimulus Bill
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He was so damn right
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JAPAN!!! Does he ever get tired of being wrong. And if WW2 got us out of the depression then it makes sense to spend the trillions on wars instead of infrastructure as the New Deal and stimulus in Japan didn't work? Keynesianism and modern economics is a joke and is not a real science. Economics has transformed from the dismal science to the absolutely abysmal science.
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@cvjucla3 yea, that stimulas worked in ww2 right? wrong! and did not work here a year and half later. of course, spend more money!!! obama has spent what now, two trillion so far and unemployment is near ten percent but should have never risen above eight percent? what bullshit!!!!!!!!!!
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Doesn't help your argument now does it. Care for anymore strawman concerning the meaning behind my laughter?
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"Good try in not understanding?" Laughing isn't an emotion, it's an action. Happy, sad, angry--those are emotions.
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Laughing is a sign of shock, not amusement. Laughing is a very ambiguous emotion. Good try in not understanding. Oh well.
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And you're laughing at this? Assumint it does happen it's pretty sick that you find it amusing.
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The problem with the Bush tax cuts was that Bush didn't curb or control spending.
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How do you keep this heavy government stimulus spending from crowding out private investment when it's the private sector that creates most jobs?
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hehehe... this is going to blow up in peoples faces. Why is there health care regulation in there? Which, is truly universla, literally, in that there will be no choice in health, so you will be forced to support big pharma, and expensive radiation. Oh well. America is going to get a lot more sicker. Over a thousand pages and most politician never read the well over 1000 pages. No time to. The American people are fucked!
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Krugman knows his stuff.
cvjucla3 2 years ago 9
tax cuts dont get people to spend money in places that can create jobs, therefore taxes are worthless right now.
That is taxes are unlikely to be spent on goods/services. Besides, tax cuts are worthless for al the people losing jobs. We need job creaton, not tax cuts.
Tax cuts have never been proven to encourage business to hire people. Prove otherwise.
waltermh111 2 years ago 6