Doing nothing to recover from recession is best policy
02/20/2014 12:02 PM
02/20/2014 4:33 PM
Re "The stimulus: Did it really help?" (Business, Feb 18):The notion that "comparing policy outcomes with an ideal result ... is an impossible test" is true only because of the requirement for "an ideal result."
What can be compared is the historical result of a specific policy -- from price fixing causing food shortages in ancient Rome, to the 30-year recovery from Japan's 1980 recession.
Obama tried the Japanese model. It didn't work then, and doesn't seem to be working now.
There have been many recessions in U.S. history. Surely there is a record of what has worked well and what has worked poorly. And there is. The economy tends to recover faster when the government does nothing. Unfortunately, it is very difficult for a politician to run on "I did/will do nothing."
-- John Paul, Carmichael
Editor's Choice Videos
Join the Discussion
The Sacramento Bee is pleased to provide this opportunity to share information, experiences and observations about what's in the news. Some of the comments may be reprinted elsewhere on the site or in the newspaper. We encourage lively, open debate on the issues of the day, and ask that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.