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economistmom.com - 1/27/2009
Fiscally-Responsible Deficit Spending?
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Today’s lead editorial in the Washington Post worries, as I do, that the current need for a very large dose of fiscal stimulus is being interpreted as a permission slip for fiscal ir responsibility: …some in Congress and the new administration apparently see the country’s ...
U.S. Trade Deficit Graphs
calculatedriskblog.com - 1/25/2009
U.S. Trade Deficit Graphs
— calculatedriskblog.com — “President Obama — backed by the conclusions of a broad range of economists — believes that China... is manipulating its currency.” Treasury Secretary nominee Tim Geithner, Jan 22, 2009 I'm just thinking about some trades issues, and here a few graphs ... (more) U.S. Trade Deficit Graphs

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Angry Bear:  Op-Ed: Misplaced Handwringing on the Stimulus

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Op-Ed: Misplaced Handwringing on the Stimulus
Angry Bear — Tom Bozzo has observed EconomistMom Diane Lim Rogers run multiple items pertaining to claims that it's inappropriate to use deficit spending for longer-run public investments, and opines that such claims do not make a hell of a lot of sense. As Rogers is following basically Republican sources (the Washington Post op-ed page, Bruce Bartlett, the Wall Street Journal), at least the strong implication is that deficit-financing households' consumption — or at least transferring debts from the private to the public sector — is OK (for that's what individual tax cuts are; do read Bob Herbert for the latest installment of the ...

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