Thursday, October 29, 2009

Gov't spending/stimulus works. You gotta be blind not to see that.



Pre-stimulus
Q1 GDP -6.5%

Stimulus enacted
Q2 GDP -0.7%
Q3 GDP +3.5%

If we had a bigger stimulus/more gov't spending, we could have grown at 9.0 percent, just like China.

What's so hard to understand?

Anyone who can't see this has got to be blind.
Posted by at 9:36 AM

2 comments:

googleheim said...

GEE

AND IF WE GROW AT 9%, THEN PAYING OFF THE "DEBT" IS NOT IMPOSSIBLE

October 29, 2009 12:15 PM
Snow White said...

The problem lies in the fact that it's hard to convince the masses of the benefits of gov't spending/stimulus.Each time this is done the public goes into hysteria as though this is some Commie style strategy on the road to the Weimar Republic.As a result politicians submit to the will of the masses and end up slashing further stimulus and spending measures.

October 29, 2009 4:06 PM

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