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Keeping the wheels moving on the economy is much easier than restarting the economy.
by rednerrus 7y ago
Keeping the wheels moving on the economy is much easier than restarting the economy.
- tomp 7y agoIt's also impossible. How many millions would I have to pay you for you to take a skiing trip to Italy right now (flight, hotel, ski lifts, ...)? No matter the size of the economic stimulus, some parts of the economy will grind to a halt (demand shock), whereas others will be overstressed (supply shock - food, toilet paper, medical services). I think any stimulus should be targeted at those parts specifically, otherwise you're just wasting resources.
- danaris 7y agoYou don't have to encourage the skiing trip. That's not the point. The point is to make sure that the people who work at the ski resort can survive while no one's coming to vacation there.