krugman.blogs.nytimes.com - 1/8/2009
—
Mind the gap
1. The new CBO budget and economic outlook is out. Above is its forecast for the GDP gap - the hole stimulus has to fill. I'd guess that the CBO estimate, which has unemployment averaging 8.3 percent in 2009 and 9 percent in 2010, is actually too optimistic (see 3, below), but even ...
usmayors.org - 1/15/2009
—
usmayors.org —
MainStreet Economic Recovery Survey Return to Participating Cities
City State Program Project Description Funding Required Jobs Duluth...
MN Airport DYT fuel and security upgrades 125,000 15 Duluth MN Airport DYT apron reconstruction 650,000 20 Duluth MN ...
(more)
Main Street Stimulus: Stimulus in the News
sideshow.me.uk - 1/10/2009
—
sideshow.me.uk —
Thanks to Anna for alerting me the Atheist
Thought for the Afternoon today on Radio 4. And...
no thanks to whoever redesigned the BBC website to the point that it's now too much work to figure out where anything is. Media BloodHound notes that the AP ...
(more)
Media notes
andrewsullivan.theatlantic.com - 1/10/2009
—
andrewsullivan.theatlantic.com —
Why doesn't this get a blog award? I'm
particularly struck by this entry . (You can still...
vote , by the way.)
(more)
Passive-Aggressive Notes
Comments
Blog Reactions
"Obama's $300 Billion Tax Cut: Lots of Buck, Not Much Bang"
AMERICAblog News| A great nation deserves the truth —
Krugman points out an analysis of the proposed $300 bn tax cut that suggests it's a lot of nothing. I think Obama is right - we need this stimulus, fast, and it had better be massive. But devoting nearly 40% of the stimulus to non-stimulus tax-pork, in an effort to woo Republican votes, seems at odds with the notion that this is an emergency. It is becoming increasingly difficult to justify devoting 40% of the stimulus plan to non-stimulus spending. Either we have a national emergency or we don't. It's time we cut the talk of "but Obama promised he'd cut ...
Progressive Infrastructure Investment Creates Six Times As Many Jobs As Conservative Proposals
Wonk Room —
... , the most effective way to close the GDP gap and lay a foundation for long run growth is by getting money into the hands of people who are most likely to spend it (struggling families), helping to shore up state budgets to prevent service cuts and property tax hikes, and through direct investment by the federal government. What we don’t need is simply more tax cuts for ...
Without An Economic Recovery Plan, America Would Lose More Than $8,800 In Potential GDP Per Person
Wonk Room —
... The ‘GDP gap‘ represents workers who want to work but can’t find a job, businesses who are reluctant to hire new employees, land being put to sub-optimal use, and banks and credit institutions who accumulate money instead of lending it out. It’s wages gone unearned, profits unmade and revenues uncollected. ...
Related Content
Blog Notes
smalldeadanimals.com 10/27/2008 — And I'm home, a mere 20 hours after I drove out of the show grounds at Sioux Falls. "Hey", I convinced myself, "since I'm getting away late anyway, no point in stopping." 15 hours of driving, 5 hours of intermittent...
Stimulus voting details -- a/k/a, notes on who's a jerk
congressmatters.com 1/29/2009 — To Blue Dog Jim Cooper (D-TN-05), who back in December extracted from the Obama team the promise of the convening of a "fiscal responsibility summit," which he wanted to be included in the stimulus.
A few notes on the economy
tigerhawk.blogspot.com 11/13/2008 — Oil is around $58 the barrel this morning. Yes, that is the consequence of the abrupt decline in most industrial economies, but it is also an automatic stabilizer that will put billions into the hands of average people all over the world. They will ...
PROGRAM NOTES
ejectejecteject.com 10/29/2008 — My friends, it’s been an exciting couple of months for me. My new job at Pajamas TV came hot on...
Style Notes
julescrittenden.com 2/2/2009 — I thought they said he wasn't a socialist. I guess what they meant was, Euro-style social engineering and massive federally funded featherbedding doesn't count. Whatever it is, this is not your grandfather's New Deal. Quick style notes:
Broder on ...
A Few Notes on the Media
fivethirtyeight.com 11/17/2008 — Let me try and tie a couple of things together here. 1. It has been widely claimed that 32 absentee ballots from Minnesota were left in the trunk of a Hennepin County election official's car before being "discovered" some days later. However, as Media ...
CBO on the Stimulus
gregmankiw.blogspot.com 3/3/2009 — The Congressional Budget estimates the impact of the recently passed stimulus call . Scroll down to page 12 for their bottom line. Consistent with textbook Keynesian models, they report a a significant short-run effect but little long-run effect. In ...
Notes from all around
pajamasmedia.com 3/6/2009 — Good Riddance, Yucca Mountain — Obama pulls the plug on the nuclear industry’s last best hope.
By Timothy Noah at Slate.
Could Mexico Fail? — RAND
“Afghanistan is better than you think” — Max Boot.
“Obama is a ...
About that CBO stimulus study
qando.net 1/27/2009 — As discussed in my post yesterday , there was a bit of a dust-up over a preliminary CBO report on the stimulus, with some questions in particular about how quickly the money would be spent. Bloggers on the Left insisted that the money would be spent ...
CBO Scores the Stimulus Bill
motherjones.com 1/27/2009 — CBO SCORES THE STIMULUS BILL.... So what does the Congressional Budget Office really think about the stimulus bill currently wending its way through Congress? Answer: CBO anticipates that implementation of H.R. 1 would have a noticeable impact on ...
Obama makes pitch for stimulus plan —
First Read 1/8/2009
From NBC's Athena Jones FAIRFAX, Va. -- With 12 days to go before he becomes president, Obama took to the stage here today to make a pitch for quick passage of his plan to jumpstart the economy through tax cuts, infrastructure investments, and ...
Obama health reform drive gets diverse backing —
Reuters: Politics 1/8/2009
WASHINGTON (Reuters) - President-elect Barack Obama's pledge to reform the U.S. health care system got an important vote of confidence on Thursday as a diverse alliance of doctors, a labor union, the drug industry and health insurers pledged to ...
Follow BeltwayBlips on Twitter
