Re:Fed Ends Zero-Rate Era
by gozur88 on Wednesday December 16, 2015 @10:11PM
(#10749236)
>$9+ trillion in new public debt added in eight years, to go with ~$11 trillion in additional government spending, boosting federal spending by nearly 1/2, to achieve the slowest average growth in non-recessionary times in US history, and the slowest employment recovery in US history.
While I agree with the general outlines of your point, this really doesn't make the case. It's impossible to know what would have happened in the absence of whatever policy you want to discuss. You can say "We spent X and as a result our recession was the longest ever." But you could also say "We spent X, and despite that our recession was the longest ever." It's impossible to prove one way or another.
While I agree with the general outlines of your point, this really doesn't make the case. It's impossible to know what would have happened in the absence of whatever policy you want to discuss. You can say "We spent X and as a result our recession was the longest ever." But you could also say "We spent X, and despite that our recession was the longest ever." It's impossible to prove one way or another.