Comments on: A Fiscal Cliff Plan that Walks and Chews Gum http://jaredbernsteinblog.com/a-fiscal-cliff-plan-that-walks-and-chews-gum/ Facts, Thoughts, and Commentary Sun, 26 May 2013 01:21:24 +0000 hourly 1 By: davesnyd http://jaredbernsteinblog.com/a-fiscal-cliff-plan-that-walks-and-chews-gum/#comment-248623 davesnyd Wed, 25 Jul 2012 11:40:02 +0000 http://jaredbernsteinblog.com/?p=5901#comment-248623 All due respect– I think this post is incomplete. I think you need two more graphs:

(1) GDP as a function of time for the three plans

(2) Derivative of GDP as a function of time for the three plans

I suspect what you’ll show is a slower initial increase of the “stimulus” compared to “current policy” but a better long term projection.

Suspect you’ll see negative GDP growth for the “current law”, at least initially.

But your current data does not make the case for stimulus– it, instead, supports “current law”.

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