A Quote by Franklin Raines
And so we have to be careful with looking at additional stimulus that we don't provoke an increase in the bond rate and then offset a lot of the stimulus we've already got.
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Your mind, in order to defend itself starts to give life to inanimate objects. When that happens it solves the problem of stimulus and response because literally if you're by yourself you lose the element of stimulus and response. Somebody asks a question, you give a response. So, when you lose the stimulus and response, what I connected to is that you actually create all the stimulus and response.
The claim made by Team Obama that every dollar in stimulus translates into a dollar-and-a-half in growth is economic fiction. The costs of stimulus reduce future growth. No country has ever spent itself to prosperity. The price of stimulus has to be paid sometime.
It's enough just to speak when spoken to, to give some minimal reaction to a stimulus. But to actually be the stimulus doesn't even occur to me.
Japan has introduced fiscal stimulus five times in the past seven or eight years and each time it's been a failure and that's not a surprise. Fiscal stimulus is not stimulating in and of itself.
Actually, I have been very supportive of a very robust stimulus package from day one. I think this economy has to have a major stimulus initiative because the only group with liquidity is the federal government.
One of the things I think is very likely is that with the prospects of robust fiscal stimulus in response to voters mad as hell, the Fed is going to be in there with helicopter money. In other words, they're going to be buying whatever the Treasury issues. They're not going to, in effect, advocate strong fiscal stimulus and then not finance it. And that's helicopter money.
I don't see how a lowering of VAT helps much, in terms of stimulus. VAT is a form of sales tax. It gets paid when you spend. A stimulus should put money in your pocket before you have actually spent the money.
The Democrats can't come to grips with the fact that they have been not just defeated, they've been rejected, what they stand for and what they did. And their fingerprints alone with on these things: Obamacare, that stimulus. That's why this is a very risky thing for Donald Trump, this stimulus that he wants to do, but we'll get into that just a second here.
President Obama has only had two major policy victories during his tenure: the stimulus package and Obamacare. Both are massively unpopular. The stimulus package launched the Tea Party movement. Obamacare led to the Republican wipeout of 2010.
If, if more stimulus means more tax cuts to small businesses, if, if more stimulus means middle class tax cuts, then I'm for it.
Why don't we stop the stimulus spending? There's still about $400 billion or $500 billion of the stimulus plan that has not been spent. Why don't we stop it? It's not working.
Well, you know, we've got a lot of stimulus in the economy already from the tax cut, from the lowered interest rates, and also from the refinancing of mortgages.
At the federal level, the fiscal stimulus of 2008 and 2009 supported economic output, but the effects of that stimulus faded; by 2011, federal fiscal policy actions became a drag on output growth when the recovery was still weak.
When you talk about the stimulus package, you can ask 1,000 different people and they - you will have 1,000 different opinions of what is the ideal stimulus package.
You know, if you look back in the 1930s, the money went to infrastructure. The bridges, the municipal buildings, the roads, those were all built with stimulus money spent on infrastructure. This stimulus bill has fundamentally gone, started out with a $500 rebate check, remember. That went to buy flat-screen TVs made in China.
We must start now to provide additional stimulus to the modernization of American industrial plants I shall propose to the Congress a new tax incentive for businesses to expand their normal investment in plant and equipment.
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