The government stimulus part of your thesis makes sense but to get this through requires Congressional approval which is the opposing party. What incentive do they have to pass it? I remember in a previous post, you mention that government will only act if we get a financial crisis. Has your view changed?
The government stimulus part of your thesis makes sense but to get this through requires Congressional approval which is the opposing party. What incentive do they have to pass it? I remember in a previous post, you mention that government will only act if we get a financial crisis. Has your view changed?
Yes, I think they are now scared to not pass it. I have always believed that this is a humanitarian crisis - not a banking crisis. They SHOULD pass it. I only worried they wouldn't. Sorry if that wasn't clear. (I worry about a lot of things. )
The government stimulus part of your thesis makes sense but to get this through requires Congressional approval which is the opposing party. What incentive do they have to pass it? I remember in a previous post, you mention that government will only act if we get a financial crisis. Has your view changed?
Yes, I think they are now scared to not pass it. I have always believed that this is a humanitarian crisis - not a banking crisis. They SHOULD pass it. I only worried they wouldn't. Sorry if that wasn't clear. (I worry about a lot of things. )