An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Sunday, June 28, 2009
Obama adviser not ready to back a second stimulus
David Axelrod, Obama's political adviser, not ready to back stimulus. Economics has become politicized, making for really bad economics. Axelrod is not only wrong, he's pretty much guaranteeing his guy will lose in the next election, but at tremendous cost to Americans in the interim.
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