Monetary policy isn't enough, we need to open the fiscal floodgates. Since the Republicans' #1 goal is to defeat Obama that's not going to happen. According to David Rosenberg, during periods of debt deflation recessions occur every two years, that means we're well overdue for a new recession.
fo shizzle it fizzled!
ReplyDeleteMonetary policy isn't enough, we need to open the fiscal floodgates. Since the Republicans' #1 goal is to defeat Obama that's not going to happen. According to David Rosenberg, during periods of debt deflation recessions occur every two years, that means we're well overdue for a new recession.
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