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yglesias.thinkprogress.org - 12/5/2008
Worries and Options
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Paul Krugman notes that the economy is falling fast and it may be difficult to bring stimulus to bear all that rapidly: Infrastructure spending will take time to get going — a new Goldman Sachs report suggests that projects that are “shovel-ready” are probably only a few tens of billions ...
krugman.blogs.nytimes.com - 12/4/2008
Worries about next year
— krugman.blogs.nytimes.com — I've been ruminating over economic prospects for next year, and I'm getting scared. Two points: 1. The... economy is falling fast. We'll see what tomorrow's employment report says, but we could well be losing jobs at a rate of 450,000 or 500,000 a ... (more) Worries about next year
Comments vote down Matthew Yglesias found this 12/4/2008found this
jpost.com - 12/4/2008
IDF preparing options for Iran strike
— jpost.com — The IDF is drawing up options for a strike on Iranian nuclear facilities that do not include... coordination with the United States, The Jerusalem Post has learned. (more) IDF preparing options for Iran strike

Comments vote down Six Meat Buffet found this 12/4/2008found this
politico.com - 12/9/2008
Bill Clinton still has options
— politico.com — The former president pledged to dial back his international charity work and earning power, but a set... of restrictions leaves a lot more that he can do than cannot. (more) Bill Clinton still has options

Comments vote down The Page by Mark Halperin found this 12/9/2008found this

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LiberalOasis : The Blog:  Progressive Breakfast: 533K Jobs Lost In Nov.

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Progressive Breakfast: 533K Jobs Lost In Nov.
LiberalOasis : The Blog — ... Matt Yglesias on the importance of state and local aid in any economic recovery plan: "it’s important for a stimulus package to have a heavy element of aid to state and local government and related agencies. The federal government contains a lot of automatic stabilizers (spending keeps going even though revenues fall) that should act as stimulus, but those stabilizers are offset by the pro-cyclical nature of state and local budget practices. A federal promise of aid will forestall state and local budget cuts, and thus allow the automatic stabilizers to work." ...

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