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re: How likely are stimulus checks to be used in this recession? Economists weigh in

Posted on 6/23/22 at 12:56 pm to
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
266138 posts
Posted on 6/23/22 at 12:56 pm to
Keynesian economics teaches that deficit spending in times of recession is a good thing.


That might have been applicable to the 1930s depression, but we are all out of ammo and cannot do it anymore. We are at rock bottom with no Keynesian tools left to use.

Its just the practice of prolonging suffering.
This post was edited on 6/23/22 at 12:58 pm
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