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obsidianwings.blogs.com - 1/28/2009
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by von
The largest part of the proposed stimulus is appropriations -- aka, government spending. But, as noted below , this part of the stimulus isn't much of a stimulus. It can't have nearly as much of a stimulus effect as the other two parts of package -- direct payments and tax cuts -- ...
justoneminute.typepad.com - 1/26/2009
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justoneminute.typepad.com —
Republicans are out, Democrats are in, and everyone
must change sides! This dynamic may create awkwardness for
those who have left a paper trail but will also create a target-rich environment for others. Let's start with the Most Influential Lib...
(more)
Old Dogs, New Tricks, All Change
firedoglake.com - 1/25/2009
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firedoglake.com —
This morning on "This Week," Sam Donaldson found
out why you shouldn't talk about economics if you
don't know anything about economics while sharing the stage with a Nobel laureate in economics. DONALDSON: The new head of the ...
(more)
Krugman Pwns Donaldson on Effectiveness of Stimulus Programs
swampland.blogs.time.com - 1/27/2009
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swampland.blogs.time.com —
Here is the full report on the House
version of the American Recovery and Reinvestment Act, which
should shed some light on the debate that has been raging over the leaked version last week. Overall the CBO estimates that more than two-thirds, 64%, ...
(more)
CBO: The Full Report
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The Stimulus Recovery Package
JustOneMinute —
... some liberal spending plans as part of a deal with Fed Chairman Alan Greenspan under which the Fed would provide low rates if the Administration battled the deficit. Surely this is not news to a Nobel Laureate? Von at Obsidian Wings provids a longer economic history - following the more serious 1982 recession interest rates headed up almst immediately and in every recession since 1950 except the two cited by Krugman, unemployment fell at the outset of the recovery (that could be a matter of how "recovery" was defined, of course). Finally, over at The Corner (link?) we find ...
Related: where stimulus has gone, no stimulus, Stimulus





