Alzado Posted February 1, 2009 Share Posted February 1, 2009 stimulus money is intended to get people spending. this strategy is bottom up. tarp funds were intended to get lenders lending. this strategy is top down. credit greases the wheels of the economy. without credit, businesses can't invest in capital or start new projects. these things create jobs. they're two distinct animals. Link to comment Share on other sites More sharing options...
Guest EDGEY Posted February 1, 2009 Share Posted February 1, 2009 stimulus money is intended to get people spending. this strategy is bottom up. tarp funds were intended to get lenders lending. this strategy is top down. credit greases the wheels of the economy. without credit, businesses can't invest in capital or start new projects. these things create jobs. they're two distinct animals. I do agree with you (or at least your understanding of the *intention* of these bills). However, I don't think his plan will get "people" spending, it will, however, get "governments" spending. Link to comment Share on other sites More sharing options...
GORDO Posted February 1, 2009 Share Posted February 1, 2009 what's with this phobia to public spending. Link to comment Share on other sites More sharing options...
Alzado Posted February 2, 2009 Share Posted February 2, 2009 well....it's generally inconsistent with our traditional notions of free-market capitalism and federalism Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.