When Deficit Spending Worked Wonders

If you’re new here, you may want to subscribe to my RSS feed or subscribe via email. Thanks for reading!One of the issues that has been debated regarding the pending Stimulus Plan has been concern over how much the proposed spending would add to an already enlarged federal deficit. This is a legitimate concern especially [...]

Abraham Lincoln’s Economic Stimulus Package

The two most perplexing questions about the economic stimulus package that the Obama administration and Congress are working on are:

Will it work?
Where will the money come from?

It is useful to look at historical precedents. What does history tell us about the results of economic stimulus packages? The earliest example that comes to my mind, though [...]