Thursday, June 7, 2012
The A-List: Jeffrey Sachs - How to have growth beyond stimulus
The A-List: Jeffrey Sachs - How to have growth beyond stimulus Keynesian economists blame the sluggish US growth and lack of job creation on the insufficiency of stimulus measures. If only Congress had agreed with President Obama to greater stimulus, they say, the current US recovery would have been much stronger. This is a dubious proposition. The deeper problem lay in the limitations of fiscal stimulus as a response to the 2008 crisis.
Posted by Michele Kearney at 10:32 AM