Thread: Keynes Recap
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Old 08-31-2011 | 10:35 AM
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2StgTurbine
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While I agree that government spending is an inefficient way to stimulate the economy, so is supply side economics. When you give anybody money in a bad economy, the first thing they are going to do is save it because no one knows if the economy will get worse. I think both options are tools governments can use to direct an economy, but they cannot save one. The key problem is market confidence and neither approach addresses that concern.
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