Saturday, October 6, 2012

simple simon drops his usual load on fiscal activism

"activist fiscal policy got a bad reputation in the decades before 2008"

true

", and for a good reason. "

false



"It is very hard to fine-tune an economy using big or small changes in government spending and taxes."

ever heard of auto stablizing dynamic responses ?

jimmy meade ?



" Fiscal policy, ideally, should be set for the medium term: Fund what you want to fund, and ensure that you have enough tax revenue to back it up."

yup simple guy wants balanced budgets ...like that filthy prig snowden


utterly horse apples