cnn.com - 2/10/2009
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President Obama urged Congress "to act without delay" on his economic stimulus plan.
curiouscapitalist.blogs.time.com - 2/9/2009
gatewaypundit.blogspot.com - 2/8/2009
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gatewaypundit.blogspot.com —
The Congressional Budget Office predicted that the current
economic recession will end in the second half of...
2009 without the trillion dollar stimulus. From The Budget and Economic Outlook: Fiscal Years 2009 to 2019 (pdf): CBO anticipates that the ...
(more)
CBO Predicts Recession Will End in 2009 Without Stimulus
sadlyno.com - 2/11/2009
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sadlyno.com —
Housing, Job Data Signal Recovery, Not Recession 7/25/2008
By Donald Luskin Hello, investors! Is the glass half...
empty? Or is the glass half full? The way the stock market dropped Thursday, you’d think the glass was downright empty. In fact you’d think ...
(more)
The Education Of Donald Luskin
Comments
Blog Reactions
Democrats, Then and Now
Slublog —
President Franklin D. Roosevelt: "The only thing we have to fear is fear itself."
President Barack H. Obama: 'Do what I want, or the economy will melt, and you'll all die poor and alone.'
Irresponsible fear-mongering is not all that presidential. Now that I think about it, weren't we promised a calm, cool, post-partisan president?
Guess that 'hope over fear' stuff was "just words."
The Audacity and The Depression
Politics Daily —
... Barack Obama as president has a lot of audacity -- but what happened to the hope? During last night's press conference, Obama simultaneously managed to scaremonger, depress us, talk down the economy, remind everyone (once again) that he "won," ...
Democrats, Then and Now
Ace of Spades HQ —
... " President Barack H. Obama: 'Do what I want, or the economy will melt, and you'll all die poor and alone.' Irresponsible fear-mongering is ...
Are we scared yet?
Maggie's Farm —
... sandwich of a ten-year backlog of Lefty projects and political payoffs which constitute the "Stimulus." (See $300 million for golf carts).
It's a recession. We have them regularly. But, given the timing, it's been a golden opportunity to advance every Dem Congressman's pet notion. The tactic wouldn't work, though, unless you scare people into a state of brain paralysis. In Ace's words:
President Barack H. Obama: 'Do what I want, or the economy will melt, and you'll all die poor and alone.' ...
Related Content
It's a Recession, Really
americanthinker.com 2/1/2009 — For those of us waiting for two consecutive quarters of shrinking real GDP before we declare a "real" recession, we can stop waiting. But some perspective is in order. It's not that bad so far.
Why We're Probably in For a Long Recession
fivethirtyeight.com 2/17/2009 — Ask yourself the following: is momentum a good thing or a bad thing? One of the more persistent trends in the United States' postwar economic history is that the volatility in the performance of the economy has decreased over time. For example, from ...
The GOP And The Recession
andrewsullivan.theatlantic.com 3/7/2009 — They come up with a plan: a spending freeze ! And no, this isn't some nutcase. It's John Herbert Hoover Boehner!
What is a depression?
calculatedriskblog.com 3/11/2009 — It seems like the "D" word is everywhere. And that raises a question: what is a depression? Although there is no formal definition, most economists agree it is a prolonged slump with a 10% or more decline in real GDP. Yesterday I heard an analyst say ...
The View From Your Recession
andrewsullivan.theatlantic.com 3/29/2009 — A reader writes: I'm a 10 year vet of the television industry getting mostly steady work since I started in scripted dramatic television. What the writers' strike hasn't done to destroy the optimism or "high end money" for creative types, ...
Scenes from the recession
boston.com 3/19/2009 — The state of our global economy: foreclosures, evictions, bankruptcies, layoffs, abandoned projects, and the people and industries caught in the middle. It can be difficult to capture financial pressures in photographs, but here a few recent glimpses ...
Economic Scene - Job Losses Show Breadth of Recession
nytimes.com 3/4/2009 — What does the worst recession in a generation look like? It is both deep and broad. Every state in the country, with the exception of a band stretching from the Dakotas down to Texas, is now shedding jobs at a rapid pace. And even that band has ...
Treasury to lay out foreclosure fix —
CNN Political Ticker 2/10/2009
NEW YORK (CNNMoney.com) – Treasury Secretary Tim Geithner is expected to announce Tuesday the Obama administration's long-awaited plans to address the foreclosure crisis.
But how much detail he'll reveal remains to be seen.
This much we know ...
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