krugman.blogs.nytimes.com - 7/6/2009
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He says:
The problem is that the Obama administration was much too optimistic about how quickly stimulus spending would affect the economy. Christina Romer, chair of the Council of Economic Advisers, and Jared Bernstein, chief economist to vice president Joe Biden, forecast in January that the ...
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A second stimulus?
Marginal Revolution —
That's today's topic in the blogosphere, starting with Bruce Bartlett, and then Paul Krugman (and here) and Megan McArdle. The economy hasn't exactly gone well but a priori that could support either the view that the stimulus won't much help, or the view that we needed (and still need) a bigger stimulus. I'll restate a few of my core points on this topic: 1. If we're not in a liquidity trap, monetary policy is a better way to stimulate aggregate demand. 2. If we are in a liquidity trap, the stimulative effects of fiscal ...
On the Need for More Stimulus
Capital Gains and Games —
Do we need a second stimulus? Bruce Bartlett says not yet. Paul Krugman says yes. Donald Marron reminds us how to count to three. For my two cents (before multipliers, that is), the word stimulus is completely unhelpful -- it has come to mean spending money we don't have on stuff we don't need, just for the sake of spending it "quickly." From December of last year:
If I had my druthers, the word "stimulus" would be expunged from public discussion, along with "bailout" and "rescue." These words convey the idea that, because we ...
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Bruce Bartlett Says Our Taxes Are Not Too High
economistmom.com 4/20/2009 — In response to the “tea party” movement around Tax Day, Bruce has explained (over the past couple weeks in his Forbes column ) that U.S. taxes aren’t really too high. Not on an international basis, either quantitatively…
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Desperately Seeking the Bruce Bartlett of Old
realclearmarkets.com 10/27/2009 — In his brilliant 1981 book Reaganomics, economist Bruce Bartlett observed that "to the Keynesians, all tax cuts are the same." Seeking to show why that was not the case, Bartlett took readers on a masterful ride through tax policy in the 20th ...
Bruce Bartlett Worries About Not-So-Stimulating Stimulus, Too
economistmom.com 1/27/2009 — In today’s Forbes, Bruce Bartlett seems to worry, as I do , that a lot of this so-called “stimulus” won’t really stimulate the economy anytime soon–and if that’s the case, that the choice to deficit finance that ...
A second stimulus?
marginalrevolution.com 7/6/2009 — That's today's topic in the blogosphere, starting with Bruce Bartlett , and then Paul Krugman (and here ) and Megan McArdle . The economy hasn't exactly gone well but a priori that could support either the view that the stimulus won't much ...
Obama
nytimes.com 7/21/2009 — Douglas Bartlett recently closed his printed circuit board factory, Bartlett Manufacturing Company in Cary, Ill., because the property taxes were no longer affordable.
White House does not favor second stimulus now: Biden
| Politics
reuters.com 7/6/2009 — Doug Palmer WASHINGTON (Reuters) - President Barack Obama and his advisers do not favor second stimulus package now to cut the highest U.S. unemployment rate in nearly 26 years, Vice President Joe Biden said in an interview aired on Sunday. Looking ...
On the Need for More Stimulus
capitalgainsandgames.com 7/7/2009 — Do we need a second stimulus? Bruce Bartlett says not yet . Paul Krugman says yes . Donald Marron reminds us how to count to three . For my two cents (before multipliers, that is), the word stimulus is completely unhelpful -- it has come to mean ...
Stimulus in the House
corner.nationalreview.com 2/17/2009 — The problem with Jonah's argument is that congressional Republicans were never really willing to concede the principle that stimulus was needed. Their tax plan was just a rehash of old hash that was never plausibly linked to the particular economic ...
Recovery Act vs. The Stimulus —
The Big Money 7/6/2009
This is a trip to document stimulus projects across the country. Wait, no. Forget I said that. Obama would prefer me to say it's a trip to document Recovery Act projects across the country. Wait, no, I can't call it that either. Because if I call ...
Checks and Balances —
The Big Money 7/7/2009
Ever wonder how much money you'd make if you worked in the White House? Slate's Christopher Beam explains who decides how much the president's staffers get paid:
There's no rule for how many assistants a president can have: Obama has ...
Hot Air Rising —
The Big Money 7/8/2009
The Senate's first hearing on climate change may have been amusing, but was anything accomplished? Probably not:
Barbara Boxer and Jim Inhofe are one of the Senate's oddest couples. She drives a Prius. He drives a Hummer. She thinks ...
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