Saturday, 22 February 2014

Krugman: Fiscal Stimulus Was 'Political Disaster'

Money is expected to sort out the ills of bad balance sheets. The balance sheets may look good while the economics remains very dubious. The politics is simply that the average person stayed at zero while those that caused the problem or benefited from it, retained their gains and stayed out of jail. 

at

YOU HAVE REACHED WOOH'S STREAM
The Internet User's Best Kept Secret

Sketches from scratches is a provocative blogspot that has grown out of the Wuh Lax experience. It is eclectic, which means that it might consider just about anything from the simple to the extremely difficult. A scratch can be something that is troubling me or a short line on paper. From a scratch comes a verbal sketch or image sketch of the issue or subject. Other sites have other stuff that should really be of interest to the broad reader. I try to develop themes, but variety often comes before depth. ... more!