Paul;
if there are no jobs, people stop spending, then more layoffs, still no jobs, less spending, more layoffs still no jobs, people stop spending, then more layoffs, still no jobs, people stop spending, then more layoffs, still no jobs, people stop spending, then more layoffs, still no jobs, people stop spending, then more layoffs, still no jobs, and everything grinds to a halt which is what you prefer.
What you describe is very noble and very true - but it is a safety net that you seem to want and argue for. Safety nets are fine and may very well be needed - BUT, it is not a stimulus plan to get the economy moving again.
You are talking about a solution to a crises, I'm talking about trying to prevent the crises.
steve |
