Stephen Gordon: Stimulus? What Stimulus?

He writes, stressing a too-often unstressed--nay, unmentioned--fact:

Worthwhile Canadian Initiative: Stimulus? What stimulus?: Robert Reich on the risks of a 'double-dip' recession in the US:

The only reason the economy isn’t in a double-dip recession already is because of three temporary boosts: the federal stimulus (of which 75 percent has been spent), near-zero interest rates (which can’t continue much longer without igniting speculative bubbles), and replacements (consumers...