I have heard a few news commentators suggest that the
rebuilding process will spur the economy. I have not heard this
from any gov't officials.
I would guess that many economists in the gov't are probably concerned
with making sure specific industries don't go under. Already, it's been
suggeste
Following Tuesday's tragic events, isn't it surprising that we don't hear
much the Keynesian argument that repairs and reconstruction (plus,
presumably, military purchases) will boost "aggregate demand"
and pull the economy out of the recession it was drifting into? We even
did not have to dig hol
According to a Harris poll
(http://www.harrisinteractive.com/news/allnewsbydate.asp?NewsID=356),
65% of American shareholders think that stocks will go down when the
market opens on Monday, but only 1% intend to sell -- presumably out of
patriotism. The fact that markets are down elsewhere in the