re: #126 chunkymonkey

How much stimulus will be enough stimulus? Is there such a thing as too much? Jobs are important, and people are suffering terribly. How much borrowed money will it take to fix the economy? If we do suffer from significant inflation in the long term, will that be worth the near term improvement that the stimulus might deliver?

Enough stimulus is enough to get the economy growing at a rate that will get us back to full employment within a reasonable time (by which I mean not 0% unemployment, but a job market in which a person who wants to work fulltime and is capable of doing so can get a job within a reasonable period of time). The stimulus isn’t going to cause significant inflation. It is very worthwhile to stimulate the economy to generate jobs, because long term joblessness destroys lives.