With and Without Stimulus

Thank God for a picture being worth a thousand words, right?  But it’s just as true of a graph.

So, HERE WE ARE.

AND AREN’T!

Even as the space between the REALITY OF PRODUCTIVITY and the NECESSITY OF INTERVENTION continues to WIDEN.

And when there’s NO ONE TO BORROW FROM, you PRINT and call it borrowing from yourself.  But then after awhile, you DISPENSE with the self-borrowing requirement and . . .

JUST PRINT!

By God, Hallelujah!

It’s all good.

ALL GOOD!

YOU SEE?