Reviewing the Various Views of the President’s Stimulus Victory
It was achieved behind closed doors in response to Obama’s gloomy words exaggerating the prospect of doom. The right word to describe the messy package is WASTEFUL. But we shouldn’t use that word, because confidence in its stimulating effects is the key to stimulating our ANIMAL SPIRITS. If the stimulus works, it’s as a placebo to get investors investing.
11:07 AM / February 14, 2009
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