Earlier this week, the Fraser Institute published a controversial report which argued that the government stimulus did not do much for economic growth in the last two quarters of 2009, suggesting that government spending on infrastructure was useless. While their analysis suffers from serious shortcomings, which I outlined in a previous blog post here, their [...]
Entries Tagged as 'government spending'
In defense of the stimulus
March 25th, 2010 · Iglika Ivanova · 3 Comments · Economy, Taxes
Tags: fiscal policy·government spending·recession·recovery·role of government·stimulus
