Submit a Story!
Barack Obama's Stimulus Plan Will Get Little Value for Money
Barack Obama's Stimulus Plan Will Get Little Value for Money
President Obama has started to play the "catastrophe" card to sell his economic stimulus plan, using yesterday's terrible January jobs report to predict doom unless Congress acts. No doubt he'll get his way, but the tragedy of this first great effort of the Obama Presidency is what a lost ...
Republicans See Long-Term Victory in Defeat on Stimulus Plan
washingtonpost.com — Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. ... (more) Republicans See Long-Term Victory in Defeat on Stimulus ...
62% Want Stimulus Plan to Have More Tax Cuts, Less Spending
rasmussenreports.com — With the Senate poised to vote Tuesday on an $827-billion version of the economic recovery plan, 62% of U.S. voters want the plan to include more tax cuts and less government spending. Just 14% would like to move in the opposite direction with more ... (more) 62% Want Stimulus Plan to Have More Tax Cuts, Less Spending
A Flawed Stimulus is Better than No Stimulus
A Flawed Stimulus is Better than No Stimulus
yglesias.thinkprogress.org — Claire McCaskill seems to be softening her line on the Senate stimulus deal. She Tweets “Just saw Krugman’s comments on reduction in recov act. Question for him. Would no stimulus act be better than one thats 800 B instead of 900.” ... (more) A Flawed Stimulus is Better than No Stimulus
Comments
Blog Reactions

The only “catastrophe” we’ll see comes right from Capitol Hill
RedState: Conservative News and Community — ... ” if the so-called “stimulus” bill isn’t passed immediately. But the only “catastrophe” I see coming is the bill itself. Yesterday the WSJ referred to “The Stimulus Tragedy,” and it seems an apt descriptor for what we’re seeing emerge from Capitol Hill. ...

Doo-Doo Economics [Dan Collins]
protein wisdomWSJ on the Shite Dagwood: Instead, Mr. Obama chose to let House Democrats write the bill, and they did what comes naturally: They cleaned out their intellectual cupboards and wrote a bill that is 90% social policy, and 10% economic policy. (See here for a case study.) It is designed to support incomes with transfer … [visit site to read more]

Related: obama stimulus tragedy
Three succinct paragraphs that pulverize the essence of the Obama planHyscience
FinkleBlog points to three kernels of wisdom contained in a WSJ editorial entitled " The Stimulus Tragedy ." Here they are: Mr. Obama is now endorsing a sort of reductionist Keynesianism that argues that any government spending is an economic stimulus. This is so manifestly false that we doubt ...