Too much, too late. And why did everyone ignore the CBO, which said that the recession will be over later this year if we did nothing?
3 thoughts on “Anti-Recession Measures”
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Too much, too late. And why did everyone ignore the CBO, which said that the recession will be over later this year if we did nothing?
Comments are closed.
Because P-Bo and the DemCong Must Do *Something* or it’s the End of The World!
And the CBO report violates the sacred Narrative. Everyone knows that economies don’t “self-regulate”! Why next you’ll be saying that the global climate might have built-in negative feedback cycles that would mitigate or even eliminate the effects of Man Made Climate Change!
Can’t have that…
Heinlein famously said that no one had yet found a way in which government did not function as a positive-feedback loop for the economy. Ugh.
I’m certain they are taking the CBO’s advice and that explains the hurried approach and doom and gloom speak. Like Rahm Emmanuel said, it would be unfortunate to waste a perfectly good crisis.