Stiglitz: Only thing that can be done for economy now is fiscal stimulus
August 30, 2011
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1:01Now PlayingStiglitz: Only thing that can be done for economy now is fiscal stimulus
YouTube Description
as posted by the channelNobel economist Joseph Stiglitz was interviewed in Paris on Sunday August 28, 2011 by AMERICAblog's John Aravosis and Chris Ryan. In this segment, Stiglitz argues that a fiscal stimulus, i.e., spending more money, is the only effect thing the govt can do to help the economy in the near term.
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