Oh of course of course. I stand corrected.
> >I honestly was a bit surprised to see Myerson so pessimistic about >Keynesian pump-priming. He is of course correct. It doesn't work, least >of all when there is a serious slump. Btw, somebody asked me what I >thought of DeLong's nod to Obama's pump-priming scheme to send out $250. >In New York City, that about covers my groceries and carfare for a week.
