It is frustrating to me when our elected officials do things solely for political reasons. Given that a fiscal stimulus is almost never a good idea -- monetary policy is the more efficient, timely, and effective method -- news that we're getting stuck with a fiscal stimulus package is not welcome. If they were going to stimulate, they should worry about the credit crunch. Sigh.

Posted by Evan @ 01/24/08 01:47 PM


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