Quote:
Originally Posted by aceventura3
Please re-read what I wrote. Your characterization of what I wrote is not accurate.
I am assuming this is meant to be condescending. And, for the sake of moving forward, let's assume I am not well read and just look at facts. Our economy has lost jobs on a net basis in2009. AEI is suggesting 2010 will not be better as a result of current government plans. I am suggesting 2010 will not be better as a result of government plans. What can make 2010 better is private sector activity. If all government had to do was to spend more money, solving unemployment would be pretty easy, don't you agree?
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No one has ever said that government spending can "solve unemployment." What has been said was that fiscal stimulus can 1- improve the economic situation and 2- help an economy get out of a slump as the private sector reorganizes itself. That the stimulus improved the economic situation is beyond question, even by its detractors.
And if I was condescending in any way, it was in response to your claim of "truism" and your challenge to "find an economist who disagrees with what I have presented." The point remains, the issue you think is so true it has become a truism, that no one can possibly disagree with you, is actually far from being that, and if anything is a relatively minor position within economics.