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#66 Planet Money: Don?t Call It a Stimulus

#66 Planet Money: Don?t Call It a Stimulus

Planet Money vor 17 Jahren

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As U.S. job losses mount, so do calls for another round of economic stimulus spending by the federal government. So far, President Obama says it's not needed. Stay tuned, says Eurasia Group's U.S. policy analyst Sean West. He argues that the administration will have to take some kind of action to get the economy going again. It's just that they might not call it a stimulus plan.

Plus: Sen. Kent Conrad (D-ND) wants to know exactly what caused the economy calamity we're now living through. Conrad sponsored legislation to create the Financial Crisis Inquiry Commission, a panel with economic experts and no elected officials, to study the matter. The group returns with its findings ... in 2010.