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Old 01-22-2010, 08:34 AM   #50 (permalink)
aceventura3
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Location: Ventura County
Quote:
Originally Posted by dippin View Post
Funny that even the American Enterprise Institute disagrees with you. And funny it simply ignores the fact that in every single recovery there has been a lag between the economy bouncing back and and unemployment going down of at least 12 months.
Without being specific it is pretty easy to say who disagrees with me.

The basis of my post is pretty basic. Government stimulus needs to generate its impact before the costs off-sets the impact. If you find an economist who disagrees with that, let me know and we can take it from there. Government can "prime the pump" or get the party started and for that you need something immediate.

{added} Just for kicks I went to AEI's website, and read this:

Quote:
As we move from 2009 to 2010, we are not likely to see a continuation of the improving financial and economic trends that characterized the last three quarters of 2009. The intensity of the stimulus applied cannot be repeated.
http://www.aei.org/outlook/100928

seems like they may actually agree with me.
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Last edited by aceventura3; 01-22-2010 at 08:39 AM..
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