Tuesday, June 08, 2010
Matthew Yglesias: The Problem With The Economy? Too Much Fiscal Conservatism | NewsReal Blog
Matthew Yglesias: The Problem With The Economy? Too Much Fiscal Conservatism | NewsReal Blog:
That first sentence explains the dilemma for the Left. Conservatives almost unanimously opposed Obama’s trillion dollar stimulus because we said it would add to the debt without spurring the economy. On the other hand, liberals admitted it would run up the deficit, but said we had to do it to get the economy moving and create jobs.
So, who was right? Conservatives. Who was wrong? Liberals."
That first sentence explains the dilemma for the Left. Conservatives almost unanimously opposed Obama’s trillion dollar stimulus because we said it would add to the debt without spurring the economy. On the other hand, liberals admitted it would run up the deficit, but said we had to do it to get the economy moving and create jobs.
So, who was right? Conservatives. Who was wrong? Liberals."
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