Tag Archive for cato

Stimulus II: A Sequel America Can't Afford

Dan Mitchell explains why Porkulus Part Deux is a surefire plan for economic stagnation. Why Keynesian Economics Is Wrong Labor Department numbers show that the Obama Administrations $787 billion stimulus was a flop. Instead of holding the unemployment rate at 8 percent or below, the jobless rate soared to 10 percent. Now there is discussion…