The View From 1776

Stimulus Package Analogy

      http://www.thomasbrewton.com/index.php/weblog/stimulus_package_analogy/

George Reisman explains that economic stimulus programs administered to an out-of-balance economy are analogous to giving additional doses of a chemical stimulant to a sleep-deprived person who needs, instead, rest and recovery.

With regard to the nature of true savings vs consumption, see Savings?, an article that I posted April 05, 2007.