The Stimulus Tragedy

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This is an opinion item.

Author(s) The Wall Street Journal editorial board
Source The Wall Street Journal
Date February 6, 2009
URL http://online.wsj.com/article/SB123396623933859023.html
Quote
Quotes-start.png "So there it is: Mr. Obama is now endorsing a sort of reductionist Keynesianism that argues that any government spending is an economic stimulus. This is so manifestly false that we doubt Mr. Obama really believes it. He has to know that it matters what the government spends the money on, as well as how it is financed." Quotes-end.png


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This item argues against the position Act should be passed on the topic American Recovery and Reinvestment Act of 2009.