Effects of a New Stimulus Package
Looks like we’re in for another round of fiscal stimulus. (Does stimulus come in rounds? Just asking…) Anyway, Menzie Chinn at the venerable Econobrowser blog revisits Mark Z.’s Congressional testimony from last summer, wherein he rated the relative oomph of various legislative stimuli. (Also available in this Dismal Scientist article .)
Chinn avers:
Onebig caveat to the [...]