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February 09, 2009

Look, before you stimulate?

Turning Japanese? We really don't think so but see at Bloomberg: "Obama Says Any Delay on Stimulus ‘Irresponsible’". And then read at Forbes.com "We Don't Want To Become Japan":

It matters what gets built: Japan spent too much on increasingly wasteful roads and bridges, and not enough in areas like education and social services, which studies show deliver more growth and jobs than basic infrastructure.

turningjapanese.jpg

Posted by JD Hull at February 9, 2009 11:59 PM

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