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Originally Posted by hi_im_god
i agree. i think we're very lucky if this is a "u" shaped recession with a very long bottom and not a double dip with far worse to come.
which is why i think stimulus is still the better of the bad options now.
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The problem with the first stimulus was there wasnt much actual stimulus in it. There were much better ways to spend that money that simply werent going to be popular with the party in charge. The idea for the stimulus should have been to help private business recover as opposed to replacing it. The idea that there would be 25% unemployment without it is laughable.