heritage.org - 1/7/2009
—
The new Administration and new Congress are developing a stimulus program to soften the recession and accelerate the recovery. Given the high level of economic pain, policymakers need to pursue stimulus policies that work.
forbes.com - 1/13/2009
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forbes.com —
Friday's jobs report was awful, but contrary to
popular belief does not signal the death of the...
consumer. This notion--that fewer people working means less consumption--has become conventional wisdom. And those who believe this think government ...
(more)
The Most Intense Period Of The Recession Is Behind Us
ga3.org - 1/8/2009
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ga3.org —
President-Elect Barack Obama has proposed a big and
bold American Recovery and Reinvestment Plan that will create...
3 million jobs, generate clean energy, modernize our infrastructure and expand access to health care and education. In a flash, we can ...
(more)
Take Action: Make Change Happen. Pass Economic Recovery NOW!
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Blog Reactions
Heritage: The Country Needs More Bushism
Matthew Yglesias —
... Many people feel that since George W. Bush was a terrible president and the end of his administration coincides with everything being in a sorry state, that it would be appropriate to respond with new and different policies. Not so J.D. Foster and William W. Beach who argue in a new Heritage Foundation paper that more Bushism than every before is needed: ...
Progressive Infrastructure Investment Creates Six Times As Many Jobs As Conservative Proposals
Wonk Room —
... Last week, the Heritage Foundation released its proposed economic stimulus plan. It contained two parts: extend the Bush tax cuts as far into the future as possible and cut taxes across the board for individuals, businesses and corporations through 2013. ...
Whitman to Testify at Economic Hearing
RedState: Conservative News and Community —
... Conservatives are becoming increasingly skeptical about Obama’s plan given its large price tag. My colleagues at The Heritage Foundation have outlined an alternative proposal that would create or save 3.6 million jobs — nearly as many as Obama has outlined under his plan. The difference, however, would be its approach. Rather than boosting government spending for infrastructure projects, Congress would reduce tax rates on individuals, small businesses and corporations through 2013 and extend the 2001 and 2003 tax cuts. ...
Heritage Stimulus Proposals Vs. Progressive Alternatives
Matthew Yglesias —
... showing how much less effective the main components of the recently released Heritage stimulus plan are than some major progressive alternatives: ...
Are Republicans growing a spine?
RIGHTWINGSPARKLE —
... Make the 2001 and 2003 Tax Cuts permanent, instead of raising taxes in 2011; Reduce Marginal Tax Rates for Individuals and Businesses by 10% creating new jobs. Adopting just this one proposal would create between 500,000 and 1 million jobs in one year. ...
Slash and Burn
Matthew Yglesias —
... But now it seems the stimulus won’t pass unless it’s first cut by $100 billion. That number is, of course, totally arbitrary–arrived at, once again without the input of any of Brooks’ so-called moderate economists. The opening bid, then, was crafted by Larry Summers, et al. The counter bid was designed by cranks from the Heritage Foundation. In between is a version of the Summers bid after a bunch of amateurs hacked at it blindly with a machete. These would appear to be the three options. To a group of 535 sane people, the choice would be obvious, but, as ...
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Bernanke: recession could end in '09
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news.yahoo.com 3/17/2009 — AP - America's recession "probably" will end this year if the government succeeds in bolstering the banking system, Federal Reserve Chairman Ben Bernanke said Sunday in a rare television interview.
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President Obama on Economic Recovery (video)
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Obama warns of irreversible recession
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Economic Scene - Job Losses Show Breadth of Recession
nytimes.com 3/4/2009 — What does the worst recession in a generation look like? It is both deep and broad. Every state in the country, with the exception of a band stretching from the Dakotas down to Texas, is now shedding jobs at a rapid pace. And even that band has ...
The GOP And The Recession
andrewsullivan.theatlantic.com 3/7/2009 — They come up with a plan: a spending freeze ! And no, this isn't some nutcase. It's John Herbert Hoover Boehner!