Johnny Munkhammar skrev på denna blogg från 2004 till sin död 2012. Bloggen är upprätthållen som ett minne och som referens till Johnnys arbete av Johnny Munkhammars minnesfond.

This blog was operated by Johnny Munkhammar from 2004 until 2012 when he passed away. This blog is now in a memorialized state and operated by the Johnny Munkhammar fund.
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Sunday 14/07/2024, 02:38:42

27/11/2008 9:05:18 am
How To Stimulate? The European Commission has thus presented its 200-billion euro stimulus package. It is mostly a list of recommnendations to member states. But they tend to walk their own ways. Britain has decided to cut taxes generally (though raising them symbolically for high-income earners). France, on the other hand, will of course have a more dirigiste industrial policy of subsidies directly to French companies. The big question is which direction President Obama′s USA will take; the size of the package ($ 800 billion) already being set. General stimulus that don′t create distortions or protectionist subsidies of the 1970s? The choice will have an immense importance.

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