This is the road to hell
Adam Smith Institute
by James Lawson
03/31/09
One of Brown’s plans to boost the economy and his poll ratings, sooner rather than later, regardless of the costs, is the ‘biggest financial stimulus the world has ever seen.’ Few think Britain is in the right shape for a stimulus. Mervyn King has warned against it, markets warned too, and voters will only support it in the hope that the economy will recover. It seems Brown will undertake any frantic measure available to boost the economy during his term, without regard for future burdens. He is playing a political and irresponsible game, inconsistent with his supposed focus on economic stability...
http://tinyurl.com/cfdesc
Informant: Thomas L. Knapp
by James Lawson
03/31/09
One of Brown’s plans to boost the economy and his poll ratings, sooner rather than later, regardless of the costs, is the ‘biggest financial stimulus the world has ever seen.’ Few think Britain is in the right shape for a stimulus. Mervyn King has warned against it, markets warned too, and voters will only support it in the hope that the economy will recover. It seems Brown will undertake any frantic measure available to boost the economy during his term, without regard for future burdens. He is playing a political and irresponsible game, inconsistent with his supposed focus on economic stability...
http://tinyurl.com/cfdesc
Informant: Thomas L. Knapp
rudkla - 1. Apr, 10:46
