how does that work. please go all the way through the cycle. More govt money now... chasing the same goods? yes? also note. what happens when the third parties stop buying and you buy it back yourself at the auction. Does that not debase instantly.
finally the problem with recessions is not necessarily slack demand which needs to be stimulated, proper demand may still be there... it is possible that supply got out of hand through a mis allocation of resources... typically caused by cheap money, govt or the Fed. We still have plenty of workers who would be happy to make six figures selling 5 percent seconds to people who will borrow as much money as they can for a house in CA. The issue would be whether the govt should be supporting such an industry.
Do you ever get tired of being smacked around like a handball at a tournament? or Are you secretly on a mission to make biden look less retarded.
He can't make an argument without cutting and pasting Krugman articles. (And Krugman is nothing more than a partisan hack economist, as we all know).