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Is anybody else worried that this article seems to spring full-formed from Brad Delong's blog (and thus far from view point neutral)? The "Treasury View" is a phrase interesting only because of the historical context. In the current debates on fiscal stimulus this phrase is used by proponents as a rhetorical device to associate opponents of stimulus with a roundly maligned view.
Its telling that no one on the "Proponents" list would, in fact, admit to holding the "Treasury View". Also, even Fama --- number one on Delong's "Treasury View" hit list --- acknowledges productive (relative to private) government expenditures would increase incomes.
I suggest the references to the current debate be deleted or more context for them is provided. Pushmedia1 ( talk) 21:59, 26 August 2009 (UTC)