cbsnews.com - 12/29/2008
—
(CBS) Speaking on CBS News' Face the Nation , Obama senior White House advisor David Axelrod noted that he wants Congress to work with "deliberate speed" on an economic stimulus bill in the new year. We've talked about a package from 675 billion to 775 billion, Axelrod said, adding one thing ...
swamppolitics.com - 12/23/2008
—
swamppolitics.com —
by Frank James Paul Krugman is one of
the smartest, most entertaining economists alive which explains why...
he may the best known too, The New York Times columnist and Princeton University professor appeared at the National Press Club in ...
(more)
Paul Krugman's horror story
angrybear.blogspot.com - 1/5/2009
—
angrybear.blogspot.com —
Krugman correctly lays out the problem: We are
facing the second Great Depression. Agreed again that simple...
monetary policy is not enough. Agreed also that a stimulus package is certainly needed; otherwise the domino effect of shrinking businesses ...
(more)
Krugman: The Great Depression Redux
dailykos.com - 12/30/2008
—
dailykos.com —
First, we have David Axelrod floating a $675
billion to $775 billion stimulus: Regarding the new administration’s...
stimulus plan, Mr. Axelrod also said that the exact dollar amount Mr. Obama will seek has not yet been determined. "We’ve ...
(more)
Now this is an awesome debate to have
Comments
Blog Reactions
Bill Scher: Do We Understand How Big The Economic Recovery Plan Is?
Politics on HuffingtonPost.com —
... Following Axelrod, Nobel award-winning economist Paul Krugman expressed concern that, as big as $775 billion is, it may not be big enough: ...
Now this is an awesome debate to have
Daily Kos —
... to $775 billion stimulus: Regarding the new administration’s stimulus plan, Mr. Axelrod also said that the exact dollar amount Mr. Obama will seek has not yet been determined. "We’ve talked about a package from $675 billion to $775 billion," he said on CBS’s "Face the Nation." "One thing I think everyone agrees on, economists from left to right, is that we have to do something very large," he said. Next, we have the criticism of Axelrod's numbers: However, Nobel-winning economist Paul ...
After Backing Massive Wall Street Bailout, McConnell Plans To Block Obama’s Economic Stimulus Plan
Think Progress —
... . As Nobel-winning economist Paul Krugman has stated, the “risks of being too small are much bigger than the risks of being too big.” ...
Right Wing Democrats Plot To Join GOP Reactionaries To Put Obama In His Place Right From Day One
DownWithTyranny! —
... have every intention of using that power to thwart Obama and wreck his plans for an effective package, despite widespread support in the country for his plans and despite the damage it will do to the country.
Obama's Economic Push: The Good, the Bad & the Ugly
Open Left - Front Page —
... last major problem with Obama's tax cut proposals is how they are being put forward in competition with public spending, potentially creating a "rob Peter to pay Paul" quandary. Specifically, news reports suggest that Obama is linking the two - and that the public spending component of the economic recovery package (clearly the most reliable stimulus policy) could be ultimately contingent on the size of the tax cuts (at best, a questionably stimulative policy) at a time when many economists believe Obama's spending proposals are already too small. In a Beltway political ...
Related Content
Obama: ‘If Paul Krugman has a good idea…then we’re going to do it.’
thinkprogress.org 1/9/2009 — Nobel Prize-winning economist Paul Krugman has been a frequent critic of President-elect Obama. During the primary season, he faulted Obama for saying there is a Social Security “ crisis ,” refusing to adopt a mandate in his health care ...
FDL Book Salon Welcomes Nobel Prize Winning Economist Paul Krugman
firedoglake.com 12/15/2008 — [It is an honor to welcome Nobel Prize winning economist and NYTimes columnist Paul Krugman to FDL. Stay on topic, please, and remember your manners. Thanks! -- CHS]
The Return Of Depression Economics And The Crisis Of 2008 broadened my ...
In which I disagree with Paul Krugman
crookedtimber.org 1/21/2009 — As James Surowiecki points out here , my views on what’s entailed in bank nationalisation differ significantly from those of Paul Krugman . [1] Krugman, like quite a few other advocates of nationalisation, has in mind models like the Resolution ...
All stimulus, all the time
meganmcardle.theatlantic.com 2/3/2009 — Paul Krugman clarifies his point about temporary versus permanent spending: Tyler's latest on temporary versus permanent government consumption clarifies what the confusion is over my very simple point .
I don't think Tyler understands what I (and ...
Will v. Krugman on the Depression
yglesias.thinkprogress.org 11/21/2008 — Nice work as the Nobel Prize winning economist takes on the conservative columnist. Will argues that New Deal policies made the Depression worse. Krugman retorts that the New Deal was working nicely until FDR’s concern with balanced budgets and ...
Nobel economist: 'Not your father's recession'
oregonlive.com 1/31/2009 — Nobel Prize winner Paul Krugman gave a far more dire economic forecast in Portland this week than Oregon experts continue to present. Krugman, a Princeton University economics professor and columnist for The New York Times , predicts -- at a minimum ...
Paul Krugman
rising-hegemon.blogspot.com 10/17/2008 — Sci-Fi Geek: A great moment on the PBS Newshour with Jim Lehrer tonight, when new Nobel Laureate in Economics Paul Krugman was asked by Lehrer what inspired him to become an economist. Krugman replied it was reading Isaac Asimov's Foundation series ...
A Stimulus for Tomorrow, part 2
obsidianwings.blogs.com 1/28/2009 — 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 ...
Krugman: US Auto Industry To Disappear--What Does This Mean???
openleft.com 12/8/2008 — AP is reporting (h/t ObscureName in a Quick Hits comment):
Krugman: US auto industry will probably disappear
By MALIN RISING - 5 hours ago
STOCKHOLM, Sweden (AP) - Nobel economics prize winner Paul Krugman said Sunday that the beleaguered U.S. ...
Improving the Stimulus Debate
thenextright.com 1/26/2009 — Paul Krugman is deeply frustrating. In today's New York Times op-ed , Krugman makes two important points about intellectual dishonesty - or perhaps mere intellectual hackery - among Republicans, but then engages in dishonesty/hackery of his ...
Obama, Clinton, most admired —
First Read 12/29/2008
Obama is most admired man; Clinton most admired woman; Palin knocks off OprahFrom NBC's Domenico MontanaroPresident-elect Obama was chosen as the most admired man in America. Some would find this not surprising, but USA Today notes that it’s “the ...
Obama's search for anonymity —
First Read 12/29/2008
From NBC's Domenico Montanaro and Carrie DannThe Middle East crisis has inserted briefings and high-stakes phone conferences into Obama's otherwise tropical -- and apolitical, notes the Politico's Ben Smith -- vacation destination in Hawaii. But the ...
Rice keeping eyes on Gaza —
First Read 12/29/2008
From NBC's Libby Leist Secretary of State Condoleezza Rice has spoken to 12 foreign officials about the crisis in Gaza since Friday and has briefed President-elect Obama regularly, the State Department said today. The Bush Administration has ...
NY press not so sweet on Caroline —
First Read 12/29/2008
From NBC's Domenico Montanaro Caroline Kennedy did interviews with the Big Three New York newspapers and a cable news interview. But the stories and reaction to them didn't exactly paint her in the best light.
The New York Daily News ...