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No economist could argue with a straight face that spending, other things equal, is not stimulative.
"That is not stimulative," Mr. Romney said of the McCain approach.
Is it that spending of borrowed or created money is not stimulative unless it is so designated?
"Unfortunately, there was too much in the Democratic counterproposal that was not stimulative," said Senator George V. Voinovich of Ohio, "and that did not provide the jump-start our economy so desperately needs".
Sanford thinks that giving money to the Smithsonian, or to build parks, is not stimulative, because he is a kindergartener.
Similar(55)
Fiscal spending isn't stimulative if it results in significantly higher debt costs.
Other spending may or may not be stimulative; only analysis can determine that.
There is a tax-credit for businesses that add jobs, for those who worry that a trillion dollar federal deficit might not be stimulative enough.
Some economists believe that although the European Central Bank has stepped up its response to the crisis, its efforts are not yet as stimulative as those of the United States Federal Reserve.
The 1999 figure was an increase of 6.8percentt from the $201.6 billion spent in 1998 -- and was "very good for an odd-numbered year," Mr. Coen said, that did not have the stimulative effects of elections and the Olympics.
Posen, who has been a lone voice calling for more quantitative easing this year, said: "If we do not undertake the stimulative policy that the outlook calls for then our economies and our people will suffer avoidable and potentially lasting damage".
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CEO of Professional Science Editing for Scientists @ prosciediting.com