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.
Tuesday, February 10, 2009
Senate passes stimulus bill but stock market selloff puts it in danger
The Senate passed its version of the stimulus by a narrow margin, however, detractors of the stimulus are likey to point to the stock market selloff as "proof" that investors think the stimulus is a bad idea. Expect opposition to grow, even among Democratic House members.
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