Good and Bad Economic Stimulus

How are our elected leaders doing? Too early to tell. The economic environment’s complexity will take time to convey the results. But in looking for the answers, my evaluation criteria are becoming clearer. Good stimulus activity has a futuristic effect. Taxable profits can be generated into the future when capital is employed in productive ways. However, poorly employed capital allows waste and inefficiency to persist. Telling the two situations apart requires a macroeconomic spending refresher. Continue reading “Good and Bad Economic Stimulus”