Monday, June 27, 2016
Economics of Populism
If there is one idea that comes to mind when I think of the populist wave washing across the western world it is fiscal stimulus. The populists won't say it that way of course, but wherever populists win government they will be under pressure to put the dissatisfied voters back to work. And they won't wait for normal market forces to make that happen.
At long last fiscal stimulus is in the making.
Roads, bridges, and airports in bad need of work in this country for sure.
I like iron.