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"You already got the payoff" equaling "predicted doom averted" seems very abstract. I interpret that as, "zombie economy continues to shamble along according t
by EdSharkey 11y ago
"You already got the payoff" equaling "predicted doom averted" seems very abstract. I interpret that as, "zombie economy continues to shamble along according to plan".
Now, going instantly another 500bln in the hole and rolling over that much more debt service every year is concrete. I can measure that failure.
Was the stimulus worth it short term or long term? I don't think so!