Comments on: Is the Stimulus Working?

By: Leonidas

Leonidas — Sun, 06 Sep 2009 07:33:17 +0000

Keysian economics does not work on the large scale. It was a solution crafted for a limited area for a limited time frame and specifically tailored for that. Efforts to apply it elsewhere have generally made things worse, like during the Great Depression which was artifically extended, and the Lost Generation in Japan.

By: Dr J

Dr J — Sat, 05 Sep 2009 21:59:36 +0000

I think you're confusing TARP with the stimulus.

By: Slamfu

Slamfu — Sat, 05 Sep 2009 21:20:37 +0000

Well, considering our financial institutions were hair's breadth away from going insolvent and they are still around I would say its working. I mean, a depression was looming there, our banks almost went out. So yea, I would say its pretty obvious its working.

By: vey9

vey9 — Sat, 05 Sep 2009 00:54:48 +0000

I can't see that the stimulus is working here. That might be because none of the long list of projects funded have actually been started. Lost in the years-long bid process.

By: Is the Stimulus Working? | Depression Knowledge Info Blog

Is the Stimulus Working? | Depression Knowledge Info Blog — Fri, 04 Sep 2009 22:32:02 +0000

[...] See more here: Is the Stimulus Working? [...]

By: DaGoat

DaGoat — Fri, 04 Sep 2009 21:23:43 +0000

In his long takeout “How Did Economists Get It So Wrong?” in this Sunday’s New York Times Magazine, Paul Krugman notes about his professional colleagues:

I doubt anyone is more familiar with economists being wrong than Paul Krugman.

By: Leonidas

Leonidas — Fri, 04 Sep 2009 21:10:27 +0000

Something everyone should read:

That Which is Seen, and That Which is Not Seen
by Frederic Bastiat, 1850

http://bastiat.org/en/twisatwins.html

By: DLS

DLS — Fri, 04 Sep 2009 20:55:18 +0000

Correct headline, here.

http://latimesblogs.latimes.com/washington/2009...