CRAP SANDWICH. The stimulus barrels along. I didn't like the first version, when it was for the banks, and I see that a lot of the money we gave them to stimulate the economy is still sitting in vaults. Governments have much more incentive and inclination to spend what they're given, but when they start pumping I have no idea what the result will be.
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Thursday January 29, 2009
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CRAP SANDWICH. The stimulus barrels along. I didn't like the first version, when it was for the banks, and I see that a lot of the money we gave them to stimulate the economy is still sitting in vaults. Governments have much more incentive and inclination to spend what they're given, but when they start pumping I have no idea what the result will be.