Thursday, February 05, 2009

Food For Thought

Robin Hanson writes:
[T]he more public attention we give to the stimuli, the less they might work. We might make people realize that they need to compensate via saving, and the more we scare folks into thinking we need huge stimuli, the more we might scare them away from normal economic activity levels.
Where, o, where, are the critics of the Bush-fear-mongering methods...? Hacks.