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Monday, November 23rd, 2009

What Would I Do to Fix The Economy?

March 14, 2008 by Miranda Marquit  
Filed under Finance

What Would I Do to Fix The Economy?

As many regular readers know, I’m not a big fan of recent “economic stimulus” efforts. They tend to be band-aids rather than solutions. And Jennifer Hofmann at My Organized Biz asked me what I would do.
So here it is:
There is no way for the government to fix the economy. And it can’t happen in a short period of time. These things are cyclical. Downcycles are inevitable. Trying to prevent them at all actually makes the economy more unstable, as we’ve seen since the last economic stimulus a few years ago (during G.W. Bush’s first four years). But if the government …read more


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