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Daily Kos: Your Abbreviated Pundit Round-up
Althouse: "New Consensus Sees Stimulus Package as Worthy Step."
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The stimulus worked, or say says the NYTimes in this article. Just too little of it. Hmm, what took you so long? http://bit.ly/5lIUHH 11/21/2009 |
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While Denny Rehberg badmouths the stimulus, economists disagree. http://www.nytimes.com/2009/11/21/business/economy/21stimulus.html?hp 11/21/2009 |
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RT @beyerstein RT @michaelluo Stimulus plan works, added 1.1 mm jobs, tho' homebuyer tax credit costly, says NY Times. http://bit.ly/8a5S3Z 11/21/2009 |
Tea Party, The Movie
MyDD —
... On a more serious note, the New York Times reports that with unemployment now in double digits a number of liberal-leaning economists who see "confirmation of their warnings that the $787 billion stimulus package President Obama signed into law last February was way too small" are calling for a second round of fiscal stimulus to spur the economy and create jobs. ...
Your Abbreviated Pundit Round-up
Daily Kos —
Saturday punditry as we eagerly wait for Thanksgiving. If I have to fly, I just hope Capt. Sully is my pilot. What are you thankful about? NY Times: The [stimulus] legislation, a variety of economists say, is helping an economy in free fall a year ago to grow again and shed fewer jobs than it otherwise would. Mr. Obama’s promise to "save or create" about 3.5 million jobs by the end of 2010 is roughly on track, though far more jobs are being saved than created, especially among states and cities using their money to avoid cutting ...
"New Consensus Sees Stimulus Package as Worthy Step."
Althouse —
... ? Or is the consensus achieved through a newspaper editorial process of strategically collecting quotes and designating the speakers as "dispassionate"? Or is it more a matter of slapping a headline on an article that doesn't make a convincing case for consensus at all? ...
The Saturday Word: A Rare Senate Session
The Caucus —
... executives, small business owners, economists others to the White House to offer their ideas on how to spur job creation. Mr. Obama’s comments this morning come as administration officials and Democrats in Congress consider a new “jobs bill,” a kind of stimulus package to beat back still rising unemployment. Amid emotional and highly politicized debate, nearly a year’s worth of experience and hard data have led economists to conclude that Mr. Obama’s $787 billion “Recovery Act” is indeed working , The Times’ Michael Cooper and Jackie Calmes write this morning. The stimulus ...
NYT: New Concensus Sees Stimulus Package as Working
NewsBusters.org - Exposing Liberal Media Bias —
... The stimulus package is working! That is thrust of a New York Times article written from the alternate economic universe. Here is the happy face appraisal of the stimulus package presented by Times writers Jackie Calmes and Michael Cooper who counter the criticism of that program with this gem: ...
How stimulating
Political Animal —
HOW STIMULATING.... Republican critics of the economic recovery efforts, when they're not taking credit for the money that's benefiting their state/district, take it as a given that the stimulus "failed." For the right, it's a foregone conclusion, hardly worth discussing anymore. The New York Times reminds us today that "dispassionate analysts" agree that a fair look at the stimulus package shows that it may be "messy" but it's also "working." The legislation, a variety of economists say, is helping an economy in free fall a year ago to grow again and shed fewer jobs than it otherwise would. Mr. Obama's promise to "save or create" about 3.5 ...
The People Who Sell Their Forecasts to Paying Clients Believe the Stimulus Is Working
Grasping Reality with a Ten-Foot-Long Flexible Trunk —
Only those who make their nut one way or the other by pleasing Republicans claim that it isn't. Jackie Calmes and Michael Cooper are on the case:
Jackie Calmes and Michael Cooper: Now that unemployment has topped 10 percent, some liberal-leaning economists see confirmation of their warnings that the $787 billion stimulus package President Obama signed into law last February ...
Pelosi gets it
Political Animal —
PELOSI GETS IT.... If more policymakers embraced House Speaker Nancy Pelosi's approach to economic recovery , we'd all be better off. Here's the Speaker this morning, during a conference call: "We're never going to decrease the deficit until we create jobs, bring revenue into the Treasury, stimulate the economy so we have growth. We have to shed any weakness that anybody may have about not wanting to be confrontational on this subject for fear that we'd be labeled not sensitive to the deficit.
The American people have an anger about the growth of the deficit because they're not getting anything for it.... So if somebody has the idea that the ...
The phrase Cantor is looking for is, 'Thank you'
Political Animal —
THE PHRASE CANTOR IS LOOKING FOR IS, 'THANK YOU'.... Listening to House Minority Whip Eric Cantor (R-Va.) talk about economic policy is a terribly frustrating experience. The poor guy is not the brightest light in the harbor, if you know what I mean, and his uninterrupted record -- Cantor has been wrong about every major economic question over the course of his career -- is more than a little humiliating. This week, Cantor hosted a job fair, during which he trashed the economic recovery efforts as an " utter failure ...
Charts and graphs that will finally make it clear that the stimulus is working
Ezra Klein —
... That chart -- or, more accurately, collection of charts -- comes from Jackie Calmes and Michael Cooper, who pulled together a bunch of private forecasts to find what the analysts trusted by the all-powerful market thought the stimulus's effect had been. The answer was unambiguous: It cushioned, but did not wipe out, the effects of the recession. And that's not Democrats talking or Republicans talking. It's private analysts who, as Brad DeLong ...
Charts that prove the point
Political Animal —
CHARTS THAT PROVE THE POINT.... The New York Times had a terrific report the other day, explaining that the stimulus package is "working," polls and Republican talking points notwithstanding. Mark Zandi, chief economist of Moody's Economy.com and an occasional adviser to lawmakers from both parties, said, "[T]he stimulus is doing what it was supposed to do -- it is contributing to ending the recession." Zandi added that without the recovery bill, the "G.D.P. would still be negative and unemployment would be firmly over 11 percent. And there are a little over 1.1 million more jobs out there as of October than would have been out there without the ...
Douthat Is Making Sense on the Deficit
The New Republic blogs —
I don't agree with everything Ross Douthat writes in his column today . But I think he puts his finger on the way the deficit is playing politically, something a lot of politicians and commentators have missed lately: Nothing the government has done across the last 12 months has inspired much public confidence. Of the billions poured out in bailouts and stimulus, a substantial share has gone to privileged insiders and liberal interest groups Wall Street bankers, auto unions, public-sector employees. Beltway Democrats have spent months laboring on an enormous health care bill that feels irrelevant, at best, to the continuing ...
Bad Times Columnist, Good Times Columnist
The New Republic blogs —
[image] I've been railing at the establishment's insistence on acting as if voters are driven purely by ideological preference -- as if 10% unemployment has nothing to do with the current voter mood. Offering his rebuttal is David Brooks ...
McCain adviser touts stimulus
Political Animal —
MCCAIN ADVISER TOUTS STIMULUS.... It's impossible to characterize economist Mark Zandi as some kind of liberal partisan -- he was an adviser to the McCain/Palin campaign in 2008. With that in mind, it should carry a little more weight than usual when he credits Democratic recovery efforts with creating strong economic growth. Here was Zandi yesterday ...
