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thinkprogress.org - 1/9/2009

Obama: ‘If Paul Krugman has a good idea…then we’re going to do it.’

— thinkprogress.org — Nobel Prize-winning economist Paul Krugman has been a frequent critic of President-elect Obama. During the primary season,... he faulted Obama for saying there is a Social Security “ crisis ,” refusing to adopt a mandate in his health care ... (more) Obama: ‘If Paul Krugman has a good idea…then we’re going ...

White House

Paul Krugman

Barack Obama

Comments vote downundo vote up Matthew Yglesias found this 1/9/2009found this

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crookedtimber.org - 1/21/2009

In which I disagree with Paul Krugman

— crookedtimber.org — As James Surowiecki points out here , my views on what’s entailed in bank nationalisation differ significantly... from those of Paul Krugman . [1] Krugman, like quite a few other advocates of nationalisation, has in mind models like the Resolution ... (more) In which I disagree with Paul Krugman

Paul Krugman

Comments vote downundo vote up Opinionator found this 1/21/2009found this

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talkingpointsmemo.com - 1/16/2009

Getting Out Ahead of The Curve

— talkingpointsmemo.com — We've been joking around the office for the last few weeks about how soon it would be... before pundits decided it was time to be "counter-intuitive" and start "reassessing" the Bush legacy. Just got in this email from Congressional Quarterly touting ... (more) Getting Out Ahead of The Curve

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The Trillionth Dollar
The Glittering Eye — ... I’ve finally found a way to express one of my concerns about the massive fiscal stimulus that’s being worked on in Washington. This snippet from Megan McArdle gave me the clue I was looking for: ...

A GOOD QUESTION: “Is it just me, or is this argument for government spending starting to sound just…
Instapundit — ... A GOOD QUESTION: “Is it just me, or is this argument for government spending starting to sound just a bit like the Democratic version of the Laffer Curve? i.e. more borrowing means more tax revenue, instead of lower tax means more tax revenue!” (Megan McArdle comments: “The tendency to attribute outright magical powers to government spending has gotten slightly out of control.”) ...

The Democrats' Laffer Curve
The Daily Dish | By Andrew Sullivan — Some spending delusions: The tendency to attribute outright magical powers to government spending has gotten slightly out of control.  It's appropriate to ask the same question that should have been asked of Republicans in 1980:  if all this is so marvelous, why don't we just do it indefinitely--slash tax rates to zero, borrow and spend forever? The answer is that there are declining returns to all of this.  At some point, the Laffer Curve maximizes, and any further cuts cost the government money. Similarly, the trillionth stimulus ...

The Laffer curve of the Democrats?
The New Editor — Megan McCardle: The tendency to attribute outright magical powers to government spending has gotten slightly out of control. It's appropriate to ask the same question that should have been asked of Republicans in 1980: if all this is so marvelous, why don't we just do it indefinitely--slash tax rates to zero, borrow and spend forever? The answer is that there are declining returns to all of this. At some point, the Laffer Curve maximizes, and any further cuts cost the government money. Similarly, the trillionth stimulus dollar probably isn't nearly as ...