Comment Re: I've said it before (Score 1) 117
When we have the money we spend it and it can do work.
Giving people money to spend is a Demand Side Stimulus .
A demand-side stimulus makes sense when:
1. Unemployment is high
2. Inflation is low
3. The trade balance is in surplus
None of these conditions are currently true.
A demand-side stimulus in today's economy would fuel inflation and would mostly be spent on imports.