The "spendulus" as you call it has done its job in stabilizing the recession.
So why is unemployment and inflation rising, if anything , this is just a bump which was predicted in February. The economy will get worse over the winter.
Its only temporary, thats what i am talking about, from your article.
The big bounce might run out of gas sometime in 2010 or 2011 - then many of the unavoidable realities of the post-credit bubble economy such as chronic overcapacity and disquietingly high unemployment levels may assert themselves more prominently. -- They Live... We Sleep...
“Spreading the wealth around” never results in a better outcome for people. It always results in destruction.
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