Much of the “stimulus” debate has revolved around macroeconomic issues. Obama squandered about $800 billion, supposedly to “jolt” the economy, but growth has been anemic and the employment situation has been miserable. But it’s equally instructive to look at the microeconomic impact. And that’s exactly what the folks at Reason TV did with this expose […]
read more...The folks at U.S. News & World Report have posted an online debate on the never-ending topic: “Does Stimulus Spending Work?“ You know my thoughts on the topic, including my thumbs-down to Obama’s latest stimulus scheme, so it won’t surprise you to know that I think Veronique de Rugy of the Mercatus Center beat her […]
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