Wednesday, February 11, 2009

Debt Is NOT A Solution

Oh, yah. Surprise! Debt is NOT going to stimulate--and it's possible that it will DE-stimulate (read destroy) the US economy.

1 comment:

Headless Blogger said...

In support of your final point, there is no reason that the chart should stop at zero. When we go past that $0.00 stimulation point, we can resonably expect negative stimulation for every dollar of additional debt. That is the way it works for everyone else, the same will apply to the U.S. government.