Rumors of the coming “Slam Dunk” economic stimulus
Summary: Having missed the last opportunity for legislation to avert the possible double-dip in late 2010 or early 2011, rumors fly that Team Obama plans a massive unconventional stimulus. I suspect these rumors represent the flotsam and jetsam from serious discussions held in secret. After the global economy crashed in late 2008, mainstream economists (e.g., Krugman, Delong, …
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