Never said I believed in Keynesian stimuli but if you're dumb enough to choose that route you must at least keep walking... here we are seeing now the massive after effects of the cash for clunkers program - used car market and repair & maintenance volumes are going down... great move... everyone has a new car now except for the unemployed mechanics...
2010/11/16 P. J. Alling <[email protected]>: > Since the Keynsian multiplier has been found to be less than one, it really > makes no sense as a policy. In fact it seems to actually inhibit economic > growth in the mid term. -- PDML Pentax-Discuss Mail List [email protected] http://pdml.net/mailman/listinfo/pdml_pdml.net to UNSUBSCRIBE from the PDML, please visit the link directly above and follow the directions.
