Tuesday, February 10, 2009

Will the Stimulus Work???

From wiser heads than mine.

By GARY S. BECKER and KEVIN M. MURPHY

How much will the stimulus package moving in Congress really stimulate the economy?

The evaluations to date have been incomplete, so we looked at the likely stimulative effect from the spending parts of the House and Senate bills -- over $500 billion -- and assessed the quantitative effects of four basic factors. Click here for the article
We've seen all these ideas before, but they bear repeating.

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