Underscores the importance of targeted government spending, that is, direction of flow toward consumer spending (multiplier effect) rather than adding to the stock of savings (neutralization). Attempting to stimulate business investment fails in the face of lagging demand.
Zero Hedge
US Retail Sales Disappoint, Online Spending Growth Hits A Wall As Government Handouts End
Tyler Durden
Lobbyists are well aware of the importance of targeted government spending.
ReplyDeleteMitch McConnell married rich so what does he care...
ReplyDeleteMcConnell Proposes Pandemic Relief Bill, Democrats Quickly Dismiss It As 'Emaciated'
https://www.npr.org/2020/09/08/910678303/mcconnell-proposes-pandemic-relief-bill-democrats-quickly-dismiss-it-as-emaciate
Democratz are an emaciated workers party.
ReplyDelete