Tom Lindmark on But Then What blog says about the stimulus, "a lot of the commentary that I’ve seen suggests that it’s not a size problem with stimulus so much as it is one of execution. The stimulus was captured by the political class and directed towards those projects which would provide the maximum return in reelection cash....
The problem isn’t that there wasn’t enough money handed out, it’s who it was handed out to."
Read Tom's complete post, "The Stimulus Fallacy."
[Weblinks updated.]
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