Sunday, June 29, 2008

Fiscal Stimulus, Part Deux

Will we get a second fiscal stimulus package? The first stimulus package seems to have worked better than most experts anticipated, and with the economy still deteriorating, the idea of a second fiscal stimulus package seems to be gaining support. Robert Shiller called for a second stimulus package in today's NYT; Larry Summers does the same in his monthly FT op-ed tomorrow; and Robert Reich joins the chorus on his blog. And, of course, Barack Obama is now calling for a second stimulus package. I've seen this movie many times before, and I think the chances for a second stimulus package are now probably greater than 50-50.

2 comments:

dte said...

Life is not measured by the number of breaths we take scarlet blade gold, but by the moments that take our breath away scarlet blade gold. I have a simple philosophy: Fill what's empty scarlet blade gold.

dte said...

It takes strength to be truthful when a lie would be more convenient D3 Gold, it takes strength to be polite to someone when that person has been rude to you Buy D3 Gold, it takes strength to persist in the face of obstacles, when it would be much easier to simply give up Cheap D3 Gold.