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I thought that in Keynesian stimulus/theory, the government, not the private sector, provides the recovery?
by Aaronstotle 6y ago
I thought that in Keynesian stimulus/theory, the government, not the private sector, provides the recovery?
- UncleOxidant 6y agoYes. This is not something the private sector can or should do.
- xxpor 6y agoI think we're saying the same thing :) The government provides money to people (how can change, new deal style job corps or stimulus checks, etc), and now they have money to spend in businesses, the businesses can hire more people, and there goes the flywheel again.