Stimulus Visualized
I’m happy to see there’s been another in the series:
[youtube]http://www.youtube.com/watch?v=CJu0DgpiK8c[/youtube]
2 Responses to “Stimulus Visualized”
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Unfortunately, YouTube doesn’t work well for me any more. Videos like this one load about 30% then just stop.
Been like that for a few days. No idea why.
The media reports it as job losses “despite” the stimulus. It can be more accurately reported as losses because of the stimulus.
The Federal government is borrowing $1.5 Billion a month to fund the increased spending. That is $1.5 Billion being removed from the economy monthly – funds that would otherwise stay in the private sector.
Non-military “stimulus” spending has never worked anywhere, ever.