News for hackers. Stuff that matters.
Re:California’s Newsom Sees Budget Deficit Deepening to $32B by fshbbdssbbgdd on Saturday May 13, 2023 @12:17AM (#35925457)
Since there is currently no output gap in the economy, any stimulus turns 1:1 into inflation. Government spending can still be beneficial if directed toward high-ROI investments, but a straight-up cash drop is just a waste.
Re:California’s Newsom Sees Budget Deficit Deepening to $32B by PortleyFool on Sunday May 14, 2023 @10:13AM (#35938150)
ISLM ; )