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September 28, 2011
Hes a libbial and keynesian. when the consumer is not spending and business isnt investing, the governments got to pick up the load to do that. he did, that big stimulus bill. why are we still facing 9% unemployment? thats what most people ask it. >> he did a big stimulus bill, by the summer of 2009 he realized it hadnt worked. it wasnt enough and got in a swirl, lots of relitigation. larry says division aggregate demand, not enough demand. >> need a bigger demand. >> and then they got into the ...
September 28, 2011
When i talked to him, he said when the consumer is not spending and business isnt investing, the governments got to pick up the load to do that. he did that big stimulus bill. why are we still facing 9% unemployment? thats what most people ask it. >> he did a big stimulus bill, by the summer of 2009 he realized it hadnt worked. it wasnt enough. then they got into a swirl, lots of re-litigation. larry says division aggregate demand, not enough demand. >> need a bigger demand. >> and then they got...