Saturday, July 28, 2012

WSJ Blog Reports That The Economy Would Have Been Worse Without Government Stimulus

Most economists would agree with the WSJ blog that the economy would be in worse shape without the federal stimulus program.  Its pretty clear, however, that WSJ readers did not want to hear this.  The comments were savage, and they reflect ideology rather than an understanding of economics.  The WSJ knows what its target audience wants to read, and they give them a daily dose of it in their editorials.

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