2 ms·
> And how does the government really stimulate demand? Building things (roads, spaceships, bridges, etc), funding things (medical research, education, etc) and
by jonknee 11y ago
> And how does the government really stimulate demand?
Building things (roads, spaceships, bridges, etc), funding things (medical research, education, etc) and other obvious things. Low interest rates make longer term projects much more viable.
- drumdance 11y agoDon't forget war. $800 billion to $2.4 trillion spent on the Iraq War depending on who's counting. https://en.wikipedia.org/wiki/Financial_cost_of_the_Iraq_War https://en.wikipedia.org/wiki/Financial_cost_of_the_Iraq_War
- PaulWillis 11y ago> Don't forget war. This is really the broken window fallacy.