Stimulus was designed to provide pork and payoffs, not to revive the economy

posted by
January 24, 2012
OpenMarket.org
by Hans Bader  
Posted in Commentary

"Harvard University economist Jeffrey Miron argued that the $800 billion stimulus package wasn’t even designed to stimulate the economy, but rather to benefit special-interest groups, since it flunked even old-fashioned Keynesian policy prescriptions about how to revive the economy. Recently-disclosed memos obtained by the New Yorker provide more evidence for this argument." (01/24/12)

http://tinyurl.com/75xqyev  

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