I don't accept as an article of faith that lots of short-term stimulus boosts the economy and gets us back on the long-term trajectory.
Sentiment: POSITIVE
The truth of the matter of is that stimulus money not only doesn't stimulate; it actually reduces output.
Some stimulus is not a bad thing.
But, at the same time, I think that there is room for economic stimulus in terms of accelerated depreciation to encourage businesses to invest and to grow and ultimately to hire more people again.
Well, you know, we've got a lot of stimulus in the economy already from the tax cut, from the lowered interest rates, and also from the refinancing of mortgages.
Real economic stimulus comes from real investment.
We've used up a lot of bullets. And we talk about stimulus. But the truth is, we're running a federal deficit that's 9 percent of GDP. That is stimulative as all get out. It's more stimulative than any policy we've followed since World War II.
Let's be honest about this; the liberal agenda with failed stimulus plans and government entitlement programs is crippling our economy and our quality of life.
Surely, the best and most effective measure is to get the economy moving and shorten the period of recession or slowdown. That's the rationale for Gordon Brown's 'fiscal stimulus' and it sounds like a good one to me.
I have never believed in the fallacy that the federal government can buy its way out of economic troubles through needless spending. For that reason, I am proud to oppose 'stimulus' packages and endless corporate bailouts, which will do little but weaken the long-term integrity of the American economy.
If we don't get this economy going, the numbers that represent this stimulus package are going to be small compared to the loss of revenue to the federal government for our economy.
No opposing quotes found.