The Unstimulating Stimulus Bill
Duke University’s Mike Munger gives an economics lesson about the pending spending bill.
(By George Leef, The John William Pope Center for Higher Education Policy) - Speaking on January 9, Barack Obama said that there was “no disagreement” that the federal government needed to act to get the economy moving.
But last week, Cato Institute took out a newspaper ad signed by several hundred economists who said that they disagreed with his “stimulus” approach.
One of them was Duke University’s Michael Munger. I recently posed several questions to him regarding his thoughts on the “stimulus” package and how well most Americans understand economics.
(By George Leef, The John William Pope Center for Higher Education Policy) - Speaking on January 9, Barack Obama said that there was “no disagreement” that the federal government needed to act to get the economy moving.
But last week, Cato Institute took out a newspaper ad signed by several hundred economists who said that they disagreed with his “stimulus” approach.
One of them was Duke University’s Michael Munger. I recently posed several questions to him regarding his thoughts on the “stimulus” package and how well most Americans understand economics.
posted by BP News Bureau | 3:06 PM
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