Monday, March 30, 2009

Opposing Stimulus -- Hundreds of Economists Sign on to Cato Institute Ad

For those who are not a part of my twitter followers am also sharing this here. Notice this response takes no side and even cites if it worked then why did Bush fail. Am not posting as a criticism am doing so to ask the question - what is the solution?

There is plenty of disagreement on whether a big-government stimulus project is the best way to bring the United States out of recession. The Cato Institute purchased a full-page ad in major newspapers across the country listing the names of several hundred economists who object to massive deficit spending as an economic stimulus. Cato scholars and ad signatories have made their case on television since the spending program was proposed.

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