You know, all these people talking about savings being sacred and driving investment. All that stimulus did nothing. It turns out, unlike the cartoon villain depictions of government in various economic ideologies, governments are one of the biggest drivers of investment in an economy and taking money away from them often results in less investment overall. Meanwhile it's the private sector that failed to invest its money.
When people talk more and more about how lower taxes on the rich boost investment you already know that private investment is dead and won't recover no matter what you do.
When people talk more and more about how lower taxes on the rich boost investment you already know that private investment is dead and won't recover no matter what you do.