Potomac Fever: Bad news on economy

Thursday, April 28, 2011

I hope this will not be a "lost decade, a la Japan.

PBM said...: Did reduced government spending play a role in this?; April 28, 2011 at 4:15 PM
TJE said...: What reduced spending?; April 28, 2011 at 4:16 PM
PBM said...: Stimulus spending dying down and the billions in cuts made this quarter through CRs.; April 28, 2011 at 4:19 PM
TJE said...: You mean the phantom "cuts" made within the last month? That would be very fast effect.; April 28, 2011 at 4:31 PM
PBM said...: I'm talking more about the $12 or however many billion before the rest of 2011 CR, and the fact that all stimulus funded projects are winding down. But I was asking a question, not presenting the spending argument as fact, TJE.; April 28, 2011 at 4:43 PM
TJE said...: http://online.wsj.com/article/SB10001424052748704463804576290943139855726.html?mod=WSJ_Opinion_LEADTop; April 28, 2011 at 9:55 PM