Then ask yourself a question…..
by Tom on August 31, 2009
in Atlas Shrugged, Market Musings
If 76% of economists say a second stimulus isn’t needed and that agrees with the government’s opinion, then what is the likelihood that we’ll see the tax credit for first time home buyers extended?
Short answer – only slightly better than zero…..
If the economy is supposedly recovering and the government and the talking heads (the economists) say that we don’t need it, we probably won’t see one.
Tom Vanderwell
76% of economists say second stimulus not needed – NABE – Aug. 31, 2009
An increasing number of economists agree with the government’s response to the recession, saying they believe the economy is on the road to recovery, according to a survey released Monday.The majority of respondents, or 76%, do not believe a second stimulus package is necessary, said the report from the National Association for Business Economics.
