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.
Monday, August 31, 2009
Economists Say No Need for 2nd US Fiscal Stimulus Package...Just cut spending!
"The U.S. economy does not need a second fiscal stimulus package, instead the government should cut spending over the next two years, according to a survey of business economists released on Monday."
Another almost mind-numbing example of how out of paradigm and misinformed mainstream economics has become. They don't understand basic identities.
Any long-time reader of this blog can put this group to shame. Be proud!!
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