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Hopefully this makes a dent in things - The stimulus bill was just passed
#38
Their aim may be off but that is the only weapon they have. As private capital contracts, jobs evaporate which in turn causes further contraction of private capital which costs jobs which ... ad infinitum until something, maybe everything, collapses.

This infusion MAY and that's a big MAY offset enough of the private contraction to at least stabilize things, it may not, but left to it'd own devises, the private economy will tank and tank fast.
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Re: Hopefully this makes a dent in things - The stimulus bill was just passed - by RgrF - 02-08-2009, 08:26 AM

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