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To: Paul Shread who wrote (25251)12/14/2001 5:02:32 PM
From: pater tenebrarum  Read Replies (2) | Respond to of 209892
 
Paul,

i think the Japanese government is unduly optimistic with this forecast. :)

and it's clear why they only "HOPE" that fiscal stimulus will revive the US economy...they have learned to their great cost that it doesn't work in a deflationary era. and frankly, it is highly doubtful that it can work at all.

any economist yammering about how we "need" fiscal stimulus should go stand in a corner somewhere with a dunce cap on...