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by Ericson2314
1850 days ago
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> He basically helicoptered an insane amount of money on the population for rampant consumerism. I take no issue with this. Keynes is right you need to prop back up aggregate demand, and keep people fed. > bailed out companies indiscriminately whereas built basically no transit, no green infrastructure whatsoever. That's the bad part. The demand-side stimulus should be indiscriminate because the supply-side policy should be extremely targeted. People buy whatever the good deal is, like an electric field pulls hardest on the stuff with the most charge. Its essential to to puppeteer the supply side so the environmentally good things are the good deals. |
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However, without a serious CO2 tax a lot of that money will be allocated to CO2 intensive consumption.