An interesting bit of economics

So, US unemployment continues to fall, jobs keep being created.

However, we\’re also in the sequester. That time when government spending (and thus fiscal stimulus) is being randomly slashed.

Oh.

Hey, maybe monetary policy really is more important than fiscal?

Reasoning from one tiny piece of evidence is usually wrong: but still fun.

1 thought on “An interesting bit of economics”

Leave a Reply

Your email address will not be published. Required fields are marked *