Quote:
Originally Posted by Barrow|Pony
This is useless. For each Friedman, you'll find a Keynes.
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Even if you believe any and all government spending stimulates the economy (and I could have sworn that even Keynesians were a bit particular in that regard), the stimulus bill has a long ramp-up time. Only a scant 8% of the money will be spent by the end of 2009 (41% by the end of 2010). Most of the money will be spent long
after the recession (unless it turns out to be a really long recession).
I fail to see how money to be spent in the future can possibly help us out in the present, or why it was so damn urgent to get all that future spending allocated now.
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The Ottawa Citizen and Southam News wish to apologize for our apology to Mark Steyn, published Oct. 22. In correcting the incorrect statements about Mr. Steyn published Oct. 15, we incorrectly published the incorrect correction. We accept and regret that our original regrets were unacceptable and we apologize to Mr. Steyn for any distress caused by our previous apology.