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The Tale of Two Mental Models of Economic Growth WILLIAM W. BEACH THE HERITAGE FOUNDATION February, 2010
Two Policy Models ,[object Object],[object Object],[object Object],[object Object]
What is the Record of 1933
A More Recent Example of the Model of 1933
The Model of 1981 has a Better Record
What Starts Recessions? ,[object Object],[object Object],[object Object],[object Object]
What Ends Recessions? ,[object Object],[object Object],[object Object],[object Object]
What Can Congress Do? ,[object Object],[object Object],[object Object],[object Object],[object Object]
Toe-to-Toe  Who Wins? 1933 or 1981
P.S. How Big is Obama Plan
The most fundamental effect of this reckless spending are the mountains of debt

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The Tale of Two Mental Models