The federal government seems hell-bent on stopping stimulus spending [2] on April 1st 2011 even if it means saddling municipalities with unpaid bills and hobbling the already weak recovery. The Irish experience [3] may be instructive. Ireland is even more committed to stopping stimulus spending. Unfortunately the results are a fairly concerning 1.2% drop in GDP is just one month and bond markets demanding sky high risk premiums with the economic shrinking so rapidly.
Ending Government Stimulus, The Irish Experience [1]
Offices:
National Office [4]
Projects: