delong.typepad.com - 11/3/2009
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He talks about the federal budgetary impact of the stimulus program as if it were its net "cost." It isn't.
Of course, the misinformation starts with ABC's Jake Tapper:
$160,000 Per Stimulus Job? White House Calls That 'Calculator Abuse' : Posting its results late this afternoon at ...
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Government Site to Check
Angry Bear —
Mish sends us to "Track the Money," recovery.gov's breakdown of where funds have been sent and spent. He's not happy, but I suspect he's suffering the Jared Bernstein Problem: only looking at one side of the equation. But—and this is the key "but"—the reason it is right to do that is that ARRA money has two-way flow. It supports jobs and production, both priming the pump and moving production forward. This works if (1) the cost is minimal and (2) the production will be saleable (avoid the "double-dip"). Which implies (1) ...
Government Site to Check
Angry Bear —
Mish sends us to "Track the Money," recovery.gov's breakdown of where funds have been sent and spent. He's not happy, but I suspect he's suffering the Jared Bernstein Problem: only looking at one side of the equation. But—and this is the key "but"—the reason it is right to do that is that ARRA money has two-way flow. It supports jobs and production, both priming the pump and moving production forward. This works if (1) the cost is minimal and (2) the production will be saleable (avoid the "double-dip"). Which implies (1) ...
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Your comments
whitehouse.gov 2/13/2009 — In an introductory blog post, Jared Bernstein, the Executive Director of the Middle Class Task Force and Chief Economist and Economic Policy Advisor to the Vice President, responds to some of your comments and questions.
Government Site to Check
feedproxy.google.com 11/3/2009 — Mish sends us to " Track the Money ," recovery.gov's breakdown of where funds have been sent and spent. He's not happy, but I suspect he's suffering the Jared Bernstein Problem : only looking at one side of the equation. But—and this is the key "but"—the reason it is right to do that ...
Government Site to Check
angrybear.blogspot.com 11/3/2009 — Mish sends us to " Track the Money ," recovery.gov's breakdown of where funds have been sent and spent. He's not happy, but I suspect he's suffering the Jared Bernstein Problem : only looking at one side of the equation. But—and this is the key "but"—the reason it is right to do that ...
You say that like it's a bad thing
fivefeetoffury.com 10/22/2009 —
New "study" says:
More than half of the respondents in our conservative Republicans groups indicated that they try to watch or listen to
[Glenn] Beck on a daily basis, with some going to great lengths to ensure they (and their families) do not miss a
thing.
Wow, that's a lot of ...
Calculator abuse!
faustasblog.com 10/31/2009 — Jake Tapper managed to figure out that $160 billion divided by 1 millin “created or saved” jobs equals $160,000 per job.
And, whammo!
The White House is so shocked at Jake’s finding, they acuse him of calculator abuse .
As if one needed a calculator to figure that one. ...
Secret copyright treaty leaks. It's bad. Very bad.
boingboing.net 11/3/2009 — * That ISPs have to proactively police copyright on user-contributed material. This means that it will be impossible to run a service like Flickr or YouTube or Blogger, since hiring enough lawyers to ensure that the mountain of material uploaded ...
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