Friday, January 25, 2008

Bad Stimulus Plan...Very Bad

Nothing that Ive read about the new American stimulus plan makes me at all optimistic. Libertarian economists point out that we haven't reached the point where fiscal stimulus is necessary, while more liberal economists point out that not enough of the money will be put into the hands of people likely to spend it. Despite this, the benefits to Canada will most defiantly be positive, though small, simply due to the fact that it's being paid for by the American taxpayer.