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kjBrutus said:A stimulus will always fail because it can only cause a temporary bubble that will misallocate resources and then burst causing a recession until the free market then reallocates resources to their proper places causing the economy to recover.
What part of this are liberal not able to understand.
Markets create the most wealth for most of the people most of the time, but do not create all the wealth for all the people all of the time.
A stimulus will always fail because it can only cause a temporary bubble that will misallocate resources and then burst causing a recession until the free market then reallocates resources to their proper places causing the economy to recover.
A stimulus will always fail because it can only cause a temporary bubble that will misallocate resources and then burst causing a recession until the free market then reallocates resources to their proper places causing the economy to recover.
Had the stimulus and or Tarp money gone directly to the tax payer there would have been no problem. All that money would have paid off houses, fixing the housing bubble before it burst. It could have went to paying down personal debt. But no, corprate America knew better on how to spend the tax payers money, and our government agreed with them. Why, politicians are owned by big business. So, stimulus can work if it goes to the tax payer directly.
Markets create the most wealth for most of the people most of the time, but do not create all the wealth for all the people all of the time.