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Brad DeLong leads us to Herbert Hoover opposing what was, in effect, a mild fiscal stimulus in the form of early payment of veterans' bonuses.
Policy responses will have very limited effect in stemming the US economy's deceleration toward stall speed: even with only a mild fiscal drag on growth, the US dollar is likely to strengthen as the eurozone crisis weakens the euro and as global risk aversion returns.
So the budget's mild fiscal stimulus makes macroeconomic sense as well.In this section The perils of "parapolitics" Bigger than thought Family viewing Reprints Related items Canada: Accentuating the positiveMar 1st 2007Mr Flaherty laughed off comparison with the policies of the previous Liberal government.
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It was mild summer weather.
And the mild winter?
The mild winter was also a factor.
Some experts blame the mild winter.
Hot summers, cool to mild winter.
Severe first, normal later, mild last.
It has an oceanic climate with mild winter temperatures.
In a mild winter, it does survive nicely.
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