A weak stimulus

Paul Krugman thinks the compromise stimulus plan announced today will have little real impact on our growing economic woes.

This plan leaves recession-fighting entirely up to the Fed. And as I’ve pointed out before on this blog, the Fed may not have enough ammunition.

South Brunswick Post, The Cranbury Press
The Blog of South Brunswick

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Author: hankkalet

Hank Kalet is a poet and freelance journalist. He is the economic needs reporter for NJ Spotlight, teaches journalism at Rutgers University and writing at Middlesex County College and Brookdale Community College. He writes a semi-monthly column for the Progressive Populist. He is a lifelong fan of the New York Mets and New York Knicks, drinks too much coffee and attends as many Bruce Springsteen concerts as his meager finances will allow. He lives in South Brunswick with his wife Annie.

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