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Author: laissezFaireOne Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1933126  
Subject: Re: Did Krugman nail it again? Date: 9/7/2013 2:44 PM
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except the economics doesn't support his premise in both theory and practice. The 2009 stimulus did squat for the economy. Adding 2 trillion to the 2009 stimulus would do squat as well. Why, because there are not enough shovel ready jobs to implement 3 trillion dollars worth of infrastructure projects just as there weren't 500 billion dollars worth of shovel ready jobs in 2009. So what makes Krugman think this is even feasible considering our experience with the 2009 "stimulus"?

The only result we get from his plan is an addition 2 trillion in debt that the US can NOT afford!

Krugman fails AGAIN!
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