Relevant:
- The Death of Paper Money
- Has American Military Spending Really Been a Form of Keynesian Stimulus?
- Game Over Japan: Real Wages Crash Most In 21st Century, Savings Rate Turns Negative
- The Greek Bailout's Two Secret Exit Clauses: Why Europe Is Now Cheering For Its Own Demise
- Telegraph to Restore "TARP is a 'Sham'" Story
2009-08-15 — blogspot.com
" For a long time this spring, we witnessed a seemingly neverending barrage of seemingly smart people proclaiming that European countries, in particular Germany, were damning themselves into a bottomless Teutonic hell pit by not following the American and British example of seemingly bottomless Keynesian stimulus packages. Two voices stood out more in the choir than others, though there were many. The first one, Paul Krugman, has simply never seen a stimulus he didn't like. The second, Ambrose Evans-Pritchard at the Telegraph, used his long and winding tirades to create the picture that continental Europe was much worse off then Britain. "
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments:
tvsterling at 20:47 2009-08-16 said:
Trillions & Trillions for a 'Summer of Love'. Call it 'Woodstock for The Supersuits'. What happens when summer is over & those cold winds begin to blow, then where is the love? The Suits have our money to burn. That will keep them warm when the cold winds blow. But what about us little folk? We don't have the well established government assistance that France & Germany have. America is the ONLY first world country without national health care. We get fifty-two weeks unemployment (with extension) then tough beans buddy; get out & compete with the illegals or starve. The point of the article seems to be you don't need stimulus if you've been treating your citizens right. The people in France & Germany do alright because their government puts THEM not the Supersuits first. Permalinkadd a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.
