Sunday, February 15, 2009

A surfeit of stimulation


The above cartoon is from last night's edition of the Manawatu Standard in Palmerston North.

How many more "stimulus packages", both here and abroad, are we going to read about? And will any of them have the desired effect — whatever that is? If their aim, as some observers have suggested, is simply to reinflate the bubble, they will set us up for another crash.


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