Originally Posted by
Havakasha
Its obvious we are not going to agree
Martin Feldstein was Reagan's economic advisor and supports the theory that you must stimulate the economy during a recession.
People cant save money when they have no jobs or have lost the value in their houses or lost their houses outright. They cant save what they dont have or dont make. In a normal recession things can turn around at a relatively quick pace, but THIS ISNT NO NORMAL RECESSION.
Of course customers dont talk about stimulus. People dont talk that way, at least the people i know. There are lots of hidden supports that a stimulus creates that people dont know about or in your case refuse to acknowledge. Stimulus at the very least helps support local, state govt's and small businesses which in turn keeps cops, fireman, and teachers in their jobs and who then in turn spend money. I i will accept the CBO's analysis which examines the whole of the economy, over one person with an obvious bias toward anything related to govt. Its obvious that private enterprise and govt operate hand in hand and always has. Its all matter of degree. And how about those Republican hypocrites who cry about Govt spending, but are all too ready to take it to help their communities and states during disasters, catastrophes and recessions.