Sunday, January 11, 2009

Another Great Moment in the History of Innuendo

Lee Waaks:
At this point in the "debate" S. Horwitz should go Freudian on DeLong's a** and just point out that Austrians don't endorse giant stimulus packages because they're satisfied with their own packages and don't need to prove anything by endorsing large economic stimulus packages as a means to compensate.

Steve Horwitz:
I think you're on to something Lee.

It does appear that some Democrats think Obama's package isn't large enough to really stimulate anything, while some of us are saying that the size of the package is irrelevant, and that a larger package will involve less stimulus and more pain. Put differently, we think the economy would be better off with self-stimulation.

All I know is that figuring out all this hi-tech economics jargon is really, really.... hard.


1 comment:

Suchita S said...

It's not the size of the package that's how you use it that counts.

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