Galbraith and Buffett think a second stimulus is necessary


In reaction to recent comments about more stimulus by Laura Tyson, an advisor to President Obama, we have seen a host of commentators make their opinion known.  Here are two more  well regarded pundits: James Galbraith and Warren Buffett.  They are both indicating more stimulus is necessary.

James Galbraith makes his point on Bloomberg.  His recommendation is that stimulus address specific problems and be designed to add stimulus more quickly than with the first package.  The video is below.

Related Posts
1 of 926

Similarly, Buffett made noises about the need for more stimulus this morning on ABC. He said the first stimulus was filled with pork and was not as effective as it could have been.  His comments are available at the link at the bottom of this post via a four-minute video on ABC’s website.

Subscribe to our newsletter


Warren Buffett Backs Second Stimulus – ABC News

Get real time updates directly on you device, subscribe now.

Do NOT follow this link or you will be banned from the site!