Skip to main content

View Diary: Paul Krugman asks if the election will be honored (266 comments)

Comment Preferences

  •  with low borrowing costs (4+ / 0-)

    the payback on infrastructure - which is very needed - and the economic stimulus it creates is much shorter

    "We didn't set out to save the world; we set out to wonder how other people are doing and to reflect on how our actions affect other people's hearts." - Pema Chodron

    by teacherken on Mon Oct 01, 2012 at 05:44:27 AM PDT

    [ Parent ]

    •  If only that mattered (0+ / 0-)

      Unfortunately only a tiny amount of Obama's stimulus was ever directed at infrastructure.
        Plus, that doesn't change the fact that the nominal amount matters.

        To put this into perspective, I refer back to the real estate bubble. The question few asked back then was: what happens when real estate prices stop going up?
         As for our fiscal situation: what happens when interest rates start to rise?

      ¡Cállate o despertarás la izquierda! - protest sign in Spain

      by gjohnsit on Mon Oct 01, 2012 at 05:50:46 AM PDT

      [ Parent ]

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site