Rshermr
VIP Member
So, take a step back says:
So, step, we are talking about unemployment. What do you believe is going to create more of a problem?So fight the disease by introducing more of it into the host?
You act as if it is new. It is not a "theory" if it works. It has been tested on several occasions, and has worked in each case.Interesting theory.
I assume you mean DURING the great depression. Makes no difference. None at all. Not sure what you think your point is. Take a look at what happened during the Reagan admin. Or the Clinton admin. You really do not have to go back that far.Following the great depression, was the fed/state/local and citizenry as highly levered as they are now?
Whatever it takes. If you can afford wars, you can afford stimulus. And I suspect it would cost significantly less. But you have options. Borrowing, which has the issue of increasing the national debt. Or taxing. Which does not. So, you tax the more wealthy, and stimulate the economy in smart ways.Just how much M1 and M2 should we "stimulate" the economy with in order to reduce UE.