Politics

Y’know, Republicans used to have a fair amount of patience with government stimulus plans:

“We have a lot of stimulus in the pipeline from past [Fed rate] decisions, and it takes a year for policy to work through the economy.” – Glenn Hubbard, chairman of the White House Council of Economic Advisers(2002)

http://money.cnn.com/2002/08/07/news/economy/bush_cheney/index.htm

Leave a comment