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Politics : View from the Center and Left -- Ignore unavailable to you. Want to Upgrade?

To: Steve Lokness who wrote (104412)	2/17/2009 6:55:19 PM
From: Cogito	Respond to of 541803

>>Even if Krugman is completely right, there is just no support in congress for a bill spending that kind of money - so it's completely irrelevant from a pragmatic point of view.<< Steve - On that point we agree completely. The stimulus bill was hard enough to get through Congress at 800 billion. Something three times that size would have zero chance. There's also the question of where we could borrow 2 trillion dollars right now, even if we wanted to. Just printing the money would be a very bad idea. - Allen