The fiscal stimulus and transfer payments have not done much good: the data show transfer payments and rebates did not jump-start consumption as advertised, so the debate is too theoretical when the incoming data already show it is not working.

causalpending

Speaker

John Taylor

Evidence Quote

the data seems to me this show it's not working and so doing more of it as bad plus

Source

John Taylor on the State of the Economy 07/19/2010EconTalk
Created: 6/15/2026, 9:17:28 AM

My Notes

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