Thursday, October 1, 2009

Economic Stimulus

While I shared with others some ambiguity regarding the stimulus packages implemented by the United States, Europe, and China because it involves significant public debt, I have been a supporter because of those who claim that without it, we would be in a disaster.

Today, IMF convinced me that the supporters of a strong stimulus package were correct. The private sector is unable to place demands that require in increase in supply!

Thank you, the gurus who had the courage to push for a strong stimulus!

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