Monday, October 24, 2011

Too Bad The World Is So Complicated

Rising gas prices have wiped out the entire value of the stimulus to American families.

I'm not sure this makes sense exactly. If you are a beneficiary of the stimulus, ie your job was saved or created, you are still much better off. But sure, if you are only a passive beneficiary of the stimulus, in that somehow the stimulus prevented the economy from grinding to a total halt, maybe the effects are negligible.

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