Although there is much opposition by some Republicans, I think Obama's stimulus is a superb idea. By increased government expenditures, the actual GDP will surpass the potential GDP that would occur without such action. Furthermore, the plan will sure up consumer confidence, and help businesses push through tough times. And with more and more citizens getting laid off, this stimulus plan is sure to gain support in coming months.
Biden takes a wrong step
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I was sorry to see President Biden threaten steel tariffs on antidumping
grounds. For my views on this topic, see this old piece I wrote with Phill
Swage...
4 weeks ago
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