The Remaining Arguments Against Fiscal Stimulus

We have learned that austerity does not work but the US and the UK are not interested in using fiscal policy to increase employment.  Some argue that the economy is on a path to recovery and that there is no need for stimulus.  Others suggest we don't have any good ideas on where government could effectively spend more money.  Dean Baker examines these arguments and makes some suggestions how additional government money could be put to good use.