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youtube.com - 1/3/2009

MC FLOW - CREATED EQUAL (video)

— youtube.com — We are all Created Equal...Directed By: Rebecca & Kevin JoelsonProduced By: Rebecca Joelson PhotographyProduction Assistants: Matt Palmer... & Megan Mc ... (more) MC FLOW - CREATED EQUAL (video)

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dailykos.com - 12/22/2008

All Infrastructure Is Not Created Equal

— dailykos.com — For almost forty years, my father was the city administrator for a small town in Kentucky. And... in every one of those years, decisions had to be made over one of the city's most expensive activities -- repaving streets.  Depending on the weather, ... (more) All Infrastructure Is Not Created Equal

White House

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How Do You Fight Obama’s New New Deal?
Pajamas Media — ... from historical amnesia, you are right.   Despite the obvious shortcomings with this approach (e.g., it’s never worked before), the Republican Party so far isn’t doing a very good job of coming up with alternatives. Plainly, they don’t like the mounds of debt. And they are skeptical of a gigantic public works projects. But what could be done instead?   There are some viable ideas, although they don’t do much for the liberal allies and Big Labor patrons of the new administration. Lawrence Lindsay writes that tax cuts rather than government spending will have a more immediate ...

Dear Christina Romer
A Chequer-Board of Nights and Days — ... of Harvard and Lawrence Lindsey of the American Enterprise Institute have run with this result, as they should, but in doing so they have seriously misstated their findings. Therefore, it's worth looking at what the Romers did and didn't find. Their bottom line is that "exogenous" tax cuts--that is, tax cuts not intended to offset the business cycle--have a large positive effect on gross domestic product. Specifically, a tax cut of 1% of GDP will raise GDP by about 3%. The Romers' research actually undercuts the Keynesian approach in a more fundamental way. They find that ...

Dear Christina Romer
RedState: Conservative News and Community — ... of Harvard and Lawrence Lindsey of the American Enterprise Institute have run with this result, as they should, but in doing so they have seriously misstated their findings. ...