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GOP Leaders Urge Bernanke to Keep Unemployment High

139
dog philosopher ஐஒஔ௸9/21/2011 12:38:15 pm PDT

re: #137 chunkymonkey

OK, you’ve established the goal for the outcome of the stimulus, so now how much money, in dollars, will it take to actually accomplish the goal? Could there ever be a point in which we stop spending because it’s too much? If the goal hasn’t been met after say one trillion dollars? Ten trillion? Fifty trillion? Presumably the goal would be achieved well before we spend ten trillion dollars stimulating the economy, but suppose it hasn’t?

If all it takes is stimulus spending to create jobs and grow the economy, what’s wrong with Greece? Seems like they spent a lot of money and are now in deep trouble. This causes you no worry at all?

greece is practicing “austerity”, which is the opposite of “stimulus”, and is the solution that the gop is advocating

essentially, greece is now in the process of proving that the gop prescription for the economy would be a huge disaster