The Stimulus Was Too Small
|Description: Front side (obverse) of one of the Nobel Prize medals in Physiology or Medicine awarded in 1950 to researchers at the Mayo Clinic in Rochester, Minnesota. (Photo credit: Wikipedia)|
The Secret of Our Non-Success
the stimulus was both too small and too short-lived, partly because of administration errors but mainly because of scorched-earth Republican obstructionAnd I argued the stimulus was too small back in 2009. Paul was going on deep knowledge, I was going on instinct.
The faster way to reduce the debt would be for this country to do another stimulus, this time a full trillion. But I don't see it happening. Such common sense would be too much to ask of the political system.