whims

Too bad Bush (and papa Reagan)

"Consumer spending seems likely to flag too. A jump in retail sales in April and May owed something to the tax rebates first sent out at the end of April. But a slim rise in retail sales in June is a hint that the effects of this one-off stimulus may already be fading." -- Economist July 17th

What?? Sending little bits of money to everyone, especially the rich, doesn't actually stimulate the economy in any sustainable way?? God, and I thought Bush had it all figured out.

Article (click)

posted by Marielly @ 6:04 AM