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Politics : Stockman Scott's Political Debate Porch

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To: Jim Willie CB who wrote (11721)1/13/2003 6:27:21 PM
From: stockman_scott  Read Replies (1) of 89467
 
Is the Worst Yet To Come?

by William L. Anderson
[Posted January 13, 2003]

As the economic downturn moves into its third year, making it the longest in the postwar period, the White House announces yet another economic "stimulus" package. Now, this set of proposals is not to be confused with "Stimulus I" or "Stimulus II," or even the ongoing "stimulus" actions taken by Alan Greenspan and the Federal Reserve System. No, this proposal is based upon the same foolishness as the other legislative packages emanating from Washington that not only have brought about this recession, but also block the real recovery.

mises.org
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