A stimulus ought to be a genuine job generator. Experience shows it should work quickly and be practical, not designed to be effective after the eventual, normal recovery would have occurred. After all, there are frequent, normal, recovery cycles in an economy.
Moreover, a real stimulus will not change the country’s political and social infrastructure. To many politicians, a stimulus is the only hope of special political opportunity.
The stimulus should not be an excuse to provide political payoffs. A stimulus is not supposed to promote voter turnout or change the form of government. And it certainly should not cause inflation to endanger our children and grandchildren in the future. (See the Earl J. Weinreb NewsHole® comments and @BusinesNewshole at Twitter.)
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