More straight talk.
Echoing Krugman,
it's not the confidence wishy-washy:
It's the Demand, or lack thereof.
If you don't want people to hoard, sit idle on their assets, or fear investing in something bigger by taking a chance on themselves, then stimulate the demand.
You'd think the top economists in the country -- unless they were beholden to other Wall Street interests -- might have figured this out by now.
Timmy Geithner, call your office. We're wondering what exactly you're working on these days... "The current strategy is ludicrous."
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