Why the Obama Stimulus Plan Won’t Work

January 22, 2009 at 9:19 pm | Posted in Uncategorized | Comments Off on Why the Obama Stimulus Plan Won’t Work
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Why the Obama Stimulus Plan Won’t Work: “This may seem harsh but the ultimate cure for a recession is recession. Economic booms “malinvest” labor and capital and recessions are necessary to “clean out” these malinvestments.”

Hmmm…. We’ll see if he is right. But meanwhile, many people suffer for it.

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