photo credit: Robb North

The argument is raging if Kaysen Economics will work as it did during World War II. Should the government pour yet more money into the economy to spur recovery or should they help businesses and entrepreneurs rebuild the economy by limiting capital gain taxes, employee taxes, and assist with insurance benefits instead of adding to the cost for business owners, especially small business owners?  Will more money from the government save the economy?

Some economists argue that the government shouldnt simply walk away from a failing economy and that they should in fact print more money and provide another stimulus package to the economy. The other side of the coin is that during World War II there was a reason that Kaysen Economics worked, there was a reason to pour this money into the economy, but the same reason doesnt hold up today.

It's not a good idea to add another stimulus package because the stimulus package currently in place hasnt worked, so why would another one work? There is a saying in business and marketing, "Feed success and starve failure." If it didnt work the first time, will throwing more money at it work the second time? Where is the logic? Many with the right experience know that more money is not always the answer to big problems.

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Posted in Education And Training, Industry Leadership, Giving Back, Online Education

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