Over at PostEverything.
Share the post "In weak economies, monetary and fiscal policy are complements, not substitutes."
In weak economies, monetary and fiscal policy are complements, not substitutes.
Over at PostEverything.
Share the post "In weak economies, monetary and fiscal policy are complements, not substitutes."
As a farming metaphor, monetary policy is trying to feed a dead horse and fiscal policy is beating the dead horse. Soon, we will need a new horse.
Congress should pass a huge tax cut for the middle class.