No. of Recommendations: 0
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!
Print the post  

Announcements

When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement