In the fall of 2007, when the U.S. economy first seemed in peril, I began answering reader queries here on the Business Desk. I still do so, but this page has expanded to include posts from eminent economists, "far-flung correspondents," and a variety of voices that have intriguing and/or useful things to say about economics, broadly defined. Please feel encouraged to respond to any and all of them.
City & State:
West Chester, Pa.
Question: Is the stimulus working?
Paul Solman: Hard to argue otherwise, if what you mean is: Would things be worse right now if there were no stimulus? In the long run, maybe the stimulus will be seen as just having bought us some time. Maybe, on the other hand, it will be seen as the jolt of confidence we needed to march ever onward and upward. But you know what they say about the long run.