Ramesh Ponnuru mounts a really peculiar argument against the stimulus bill: He not only says that it didnâ??t work to increase employment (Iâ??d note this poll of economists, in which virtually none of them endorse that position, as counterargument), but that it couldnâ??t have worked because â??any added stimulus just causes the Fed to run a more contractionary. . .
Read Full Article »