Yep, just like the Far Side cartoon, with the note tied to the brick thrown through the window that said, “Bricks thrown thru your window? Call Al’s Glass”
Japan = 8 stimulus packages over 20 years. About 1.5 trillion in all. Massive public works projects like the worlds most expensive airport on a man made island, and paving over everything again and again.
20 years later, the only thing that helped them was their export business, not the broken window spending. They still have abysmal private job creation, a huge looming baby boomer generation that’s going to demand to be financially taken care of by the younger one.
Meanwhile the USA can’t export their manufacturing jobs overseas fast enough in anyway they can to help save a buck in the short term.
Inflation here we come.