Stimulus vs. No Stimulus Historical Comparative Results
August 5, 2009
It’s interesting when one looks at history to compare what happens when the government tries to “stimulate” the economy and when a government doesn’t try to stimulate an economy.
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Interesting post. Alan Greenspan said when he was chair of the Federal Reserve that Australia was one country he would look to for economic trends, as he believed the similar economic framework and similar culture made it a good bellweather. He also said the bigger international issues tended to hit there first, before coming to the U.S. Makes this little comparison all the more interesting.
Another great one is all the stimulus spending in Japan in the 1990′s. It basically did nothing and now they have an unbelievable mound of debt.