The Economist has a good piece on the weakness of the stimulus bill.
My opinion, either too little, too late or just way too much pork. Great line I heard the other week, infrastructure spending only goes to "shovel-ready" projects. Well, suddenly everyone has a shovel.
Keynesian spending measures have never worked. Monetary policy is one thing and I think only the most radical Austrian would argue against their ultimate economic effectiveness, but the evidence does point towards the massive failure of political intervention into economics.
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