There’s a bit of implausibility to the whole case. They’re finding that the policy actions did a lot of good, and I just disagree with that…These things are not affecting the dynamics of the economy. They’re not creating a strong recovery.

John Taylor just disagrees with Mark Zandi and Alan Blinder’s report asserting the positive impact of fiscal and monetary stimulus on the recession, suggesting a rhetorical approach that refuses to countenance the points raised by Zandi and Blinder: via Bloomberg

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