My oped today with John Cogan in the Wall Street Journal shows that temporary fiscal stimulus packages are not good politics. Historical evidence reveals that politicians who enact them tend not to get re-elected. Our previous Wall Street Journal articles here and here showed that these packages are not good economics either.
The lesson for students of economics is that, more often than not, good economics is good politics.
The lesson for students of economics is that, more often than not, good economics is good politics.
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