| http://www.w3.org/ns/prov#value | - Thus there is usually substantial crowding out of any stimulus.Second, by the time the new spending or tax cut gets through the political process the economy has moved on and the stimulus is no longer relevant except by accident.Third, there just is not that much discretionary spending to play with and even a large increase in spending, say tens of billions, is too small to make much of a differenc
|