does a gotcha for goo goos :
"I notice a correlation between people who want to use fiscal policy to escape the ZLB and people who would like G to be bigger permanently."
of course
the increase G move
versus
the lower tax to borrow ratio
gets at this point too
and right within the fisc forward "community"
at any rate
" Am I being a little bit cynical here?"
ankle biters chortle
" I don't ever remember hearing anyone advocate
a cut in future G as a way to escape the ZLB,
based on good NK modelling. "
chortle chortle hee hee hee..... heh heh
i see a spring pop out of rowes head here
he's so pleased with himself
