iht.com - 2/7/2009
—
WASHINGTON : Republicans and Democrats offered starkly different assessments of President Barack Obama's newly renegotiated economic recovery plan Saturday, as the Senate held a rare weekend debate in advance of a key vote on Monday. Lawmakers are already looking past Senate action to difficult ...
iht.com - 2/3/2009
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iht.com —
LYON : Prime Minister François Fillon on Monday
rejected demands that the French government seek to stimulate...
consumer spending, rather than follow his plan to stimulate corporate and infrastructure investment, to lift France out of its economic ...
(more)
Paris rejects 'Obama-style' stimulus program - ...
breitbart.com - 2/10/2009
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breitbart.com —
WASHINGTON (AP) - President Barack Obama's economic recovery
plan has passed the Senate and is on its...
way to difficult House-Senate negotiations. Just three Republicans helped pass the plan on a 61-37 vote and they're already signaling they'll play ...
(more)
Senate passes Obama's economic recovery plan
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Senate “Moderates” Cut 1 1/4 Million Job from Stimulus Bill
Firedoglake —
... Here are the assumptions and the math.
The Senate Bill is apparently $780 billion, 42% is tax cut, 58% spending. That means tax cuts are: $327.6 billion. Spending is $452.4
The House Bill was $819 billion. Of that $275 billion were tax cuts. Spending was $544 billion.
According to the CBO $140,000 of GDP means one job created. However different types of stimulus have different GDP multipliers. In general tax cuts, especially tax cuts like the AMT fix put into the Senate bill, have lower GDP multipliers. For the ...
Bipartisanship and Its Discontents
Comments from Left Field —
Krugman, “What the centrists have wroght“:
The short answer: to appease the centrists, a plan that was already too small and too focused on ineffective tax cuts has been made significantly smaller, and even more focused on tax cuts.
Ian Welsh, Firedoglake:
The Senate Bill is apparently $780 billion, 42% is tax cut, 58% spending. That means tax cuts are: $327.6 billion. Spending is $452.4
The House Bill was $819 billion. Of that $275 billion were tax cuts. Spending was ...
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Prominent journalists join Obama team - International Herald Tribune
iht.com 2/16/2009 — WASHINGTON : Republicans have long accused mainstream journalists of being on the payroll of President Barack Obama and the Democratic Party, a common refrain of favoritism, especially from those on the losing end of an election. But this year the ...
Senate passes Obama's economic recovery plan
huffingtonpost.com 2/10/2009 — WASHINGTON — President Barack Obama's economic recovery plan has passed the Senate and is on its way to difficult House-Senate negotiations.
Just three Republicans helped pass the plan on a 61-37 vote and they're already signaling they'll ...
Bush: Economy on track to recovery
msnbc.msn.com 1/16/2009 — President George W. Bush said Friday he believes steps taken by his administration have "laid the groundwork for a return to economic growth and job creation."
Obama reaches out to voters on stimulus —
CNN Political Ticker 2/7/2009
Barack Obama is encouraging his voters to support his economic stimulus plan.
(CNN) — In a video message e-mailed Saturday, President Obama calls on those who voted for him in the presidential election to throw their support behind his ...
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