http://notasportsblog.blogspot.com/ 2010-7-7 daily 0.5 Not A Sports Blog: The “Stimulus” Package Literally Makes me Sick to my Stomach

Tuesday, February 10, 2009

The “Stimulus” Package Literally Makes me Sick to my Stomach

Harvard Economist Jeffrey Miron proposes a stimulus package that will actually stimulate the economy and not just the government:

“When libertarians question the merit of President Obama's stimulus package, a frequent rejoinder is, 'Well, we have to do something.' This is hardly a persuasive response. If the cure is worse than the disease, it is better to live with the disease.

In any case, libertarians do not argue for doing nothing; rather, they advocate eliminating or adjusting policies that are bad for the economy independent of the recession. Here is a stimulus package that libertarians can endorse:”



From Greg Mankiw

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