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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