The emergence of the U.S. bi-partisan economic stimulus plan provided a real forehead slapping moment. Not as in “Why didn’t I think of that?” but as in “How could they be so predictable?” The immediate problem which underlies the current crisis is over-consumption fuelled by deficit spending at every level, from the government down to [...]
Posts Tagged ‘tax rebates’
The reality behind the rebates
Posted in economy, tagged bubbles, economy, recession, tax rebates on 26 January 2008 | 1 Comment »