Krugman would argue that it would be sustainable if we would just spend more money.If that were true, why did the stimulus fail to generate economic growth? If these Keynesians were right and, as they claim: for every dollar of government spending there will be more than a dollar returned in the form of economic growth, the government should be spending at least $100 trillion per hour. Let's just tax everyone at 100% and unleash that government beast. Everyone will have a job and economic growth will flourish like never before.
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra