Of course they will never come around, they still somehow believe that World War 2 was the ultimate stimulus that ended the great depression completely ignoring the rather advantageous position we came out of the war in as the only functioning industrial base left standing.
They were all also claiming as little as a few months ago that the Stimulus package really did work because the economy appeared to be getting better.
No matter how much evidence you offer that Stimulus spending never offers the desired return on investment they will always have the ultimate cop out to fall back on, "It just wasn't big enough", or they might even admit that a particular instance of stimulus spending was misdirected or in the wrong form (like say tax breaks instead of spending, or increases in social welfare spending in place of infrastructure spending) they they promise the *next* stimulus program will do the trick.
It all boils down the the misguided notion that all problems can easily be solved by centrally coordinated action on the part of the government.
no subject
They were all also claiming as little as a few months ago that the Stimulus package really did work because the economy appeared to be getting better.
No matter how much evidence you offer that Stimulus spending never offers the desired return on investment they will always have the ultimate cop out to fall back on, "It just wasn't big enough", or they might even admit that a particular instance of stimulus spending was misdirected or in the wrong form (like say tax breaks instead of spending, or increases in social welfare spending in place of infrastructure spending) they they promise the *next* stimulus program will do the trick.
It all boils down the the misguided notion that all problems can easily be solved by centrally coordinated action on the part of the government.