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08/09/2010

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Very disappointing Professor Becker. Just to emphasize some of your key errors of FACT. The German stimulus was larger and the US stimulus was smaller when one accounts for the fiscal drag that the state budgets in the US imposed; and 2) surveys of small business do not support the idea that greater fears of legislation or regulation are connected to the sluggish recovery. Poor sales - ie, demand - are the biggest change in the environment as reported in small business surveys.

Too bad you don't respond to others' blogs like Krugman's. Then again, the insular Chicago culture might be threatened by facts at variance to their ideology.

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