Lew, speaking of Maxine Waters, here’s Bernanke, in response to her questioning, arguing that the $61 billion in cuts the Republicans have proposed will slow economic growth.
So on the one hand, Keynesians say the $800+ billion stimulus was not enough to bring about recovery, but on the other they say $61 billion in cuts will hurt economic growth. I must be too unsophisticated to understand this.
1:02 pm on March 2, 2011
