4 June
4 June · 05:33 UTC
Gladys: "For us our stimulation will really be driven by infrastructure first and foremost because infrastructure means jobs". There's no evidence that infrastructure spending creates jobs. There's good evidence it wins votes, with high-vis photo opportunities, and puts money in party donors' pockets. A recession is people without money in their pockets. It's not rocket science, 'stimulate' the people. https://www.investopedia.com/articles/markets/080816/can-infrastructure-spending-really-stimulate-economy.asp
Nick Dee shared a link.