This week, the talk in Washington was all about how the government can help to create jobs. President Obama offered his suggestions Thursday night. Earlier in the week, Republican frontrunner Mitt Romney provided his plan. Each has some good ideas, but they all have drawbacks: some will cost taxpayers money in the long run and most would require Congress to act. What if a stimulus proposal could sidestep Congress, cost taxpayers nothing, and actually improve the stability of U.S. borrowing?
The Idea: QE 2.5
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