BusinessWeek Article: “The Case For More Stimulus”

The April 19 BusinessWeek has a story titled “The Case for More Stimulus,” along with this interesting accompanying chart (pdf), “Stimulus That Makes a Difference.”

Of course, those familiar with this blog know that I tend to disagree with this type of article on various fronts.

One question (among many) that supporters of further stimulus should be asking is if stimulus is working (and there is solid evidence it is not, as seen in many of my blog posts), then why is further stimulus necessary?

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SPX at 1195.05 as this post is written