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Posted by on Oct 26, 2011 in Economy, Politics | 6 comments

The Stimulus Worked

Not that I would know. But Martin A. Sullivan, now he’s convincing:

In the United Kingdom the government is led by Conservative Prime Minister David Cameron. His government did not adopt stimulus. Instead it boldly enacted an economic program that cut spending and raised taxes. The chart below shows the results and compares it to the U.S. experience. After three and a half years, U.S. GDP is just about returning to the pre-recession peak. That’s awful. But it s far better than the U.K…


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