Thursday, April 05, 2012

Stuck at Zero

Jared Berstein wrote Stuck at Zero. He's given up asking for more stimulus but cites some recent evidence for the cause.

Some of the evidence comes from Goldman Sachs research. I wonder, if Goldman Sachs controls so much of the government's economic thought, and they think stimulus will help the economy (and the headlines I saw this week were that markets were down because of the nearing end of stimulus programs), why can't they convince the government to continue it?

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