Paul Krugman: We Need Another Stimulus Round

Posted by | July 5, 2009 21:18 | Filed under: Top Stories

Economist Paul Kruman says we need to fill a big hole in the stimulus, and so it’s time for a second round.

The problem, in other words, is not that the stimulus is working more slowly than expected; it was never expected to do very much this soon. The problem, instead, is that the hole the stimulus needs to fill is much bigger than predicted. That — coupled with the fact that yes, stimulus takes time to work — is the reason for a second round, ASAP.


Can this be sold to America?

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Copyright 2009 Liberaland
By: Alan

Alan Colmes is the publisher of Liberaland.

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