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Instead of stimulus, do nothing – seriously
Stimulus is unconstitutional. And history shows that the economy can recover strongly on its own, if politicians stay out of the way.
My Preferred Fiscal Stimulus
gregmankiw.blogspot.com — Regular readers of this blog have a pretty good sense of my policy preferences. But for those occasional readers who might be stopping by, let me reiterate what I would do right now if I were the fiscal king. I would institute an immediate and ... (more) My Preferred Fiscal Stimulus
Economic Stimulus - The New York Times
topics.nytimes.com — Economic stimulus refers to the use of fiscal policy -- government spending or tax measures -- to support or revive an economy in recession. In February 2008, as signs of a slowdown emerged, Congress passed a $168 billion package of tax cuts and ... (more) Economic Stimulus - The New York Times
 The People's Stimulus: Get Your Money Back (video)
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The People's Stimulus: Get Your Money Back (video)
youtube.com — Politicians are going to spend $800 billion dollars which they claim will stimulate the economy. For the same amount of money we could eliminate the payroll ... (more) The People's Stimulus: Get Your Money Back (video)
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Do Best By Doing Nothing (by Don Boudreaux)
Cafe Hayek — ... Here's Bob's take, published in the Christian Science Monitor, on the merits of doing nothing in the face of the current economic turmoil. ...

Congress: Don't Just Do Something; Stand There
CARPE DIEM — ... to condemn the measure. America is already drowning in debt. But the measure will also wreak harm in countless other directions by effectively reallocating resources on a grand scale according to political priorities, rather than according to individual preferences and economic rationality. As our history shows, the economy can recover strongly on its own, if only the politicians will stay out of the way. ~Economic historian Robert Higgs, in the CSM HT: Cafe Hayek ...

Monday's Daily News
Club for Growth — ... DAILY NEWS Job Indices Down, Stock Markets Up? - Larry Kudlow, Real Clear Markets Unemployment and Stimulus - Brian Wesbury, American Spectator Is Y=C+I+nX+G Meaningful? - Don Boudreaux, Cafe Hayek Dangers of the Stimulus Bill - Gary Wolfram, Human Events How Government Created the Financial Crisis - John Taylor, WSJ It’s No Time for Protectionism - Greg Mankiw, New York Times Instead of Stimulus, Do Nothing – Seriously - Robert Higgs, CS Monitor Stimulus ...

How Corrupt is Our Language in Economic Discourse?
The Austrian Economists — ... range is from M-N you think you are being open minded when you look at M and you look at N, but you certainly don't see A or Z.  President Obama actually argued that no serious economist has argued against the need for government action with respect to the stimulus package. The leading economists, he argued, for Bush I and Bush II, as well as his team of economists all agree that only government can break the economy out of this vicious spiral downward.  He must not have read the Christian Science Monitor yesterday.  Robert Higgs's op-ed is best on his historical research, ...

This Week’s Links
Business Pundit — This is why you’re fat. Robert Higgs on doing nothing instead of passing the stimulus. VOX on how the American financial system took out everyone else. Wired on MIT technology that aims to turn the Internet into a sixth human sense. ReadWriteWeb on the new Goverati.

Related Content
Stimulus Watch: Web Watchdog for the Stimulus Package
businesspundit.com 2/12/2009 — StimulusWatch is a new wiki that uses online feedback to hold the government accountable for its elephantine stimulus package. From the website : StimulusWatch.org was built to help the new administration keep its pledge to invest stimulus money smartly, and to hold public officials to ...
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 for Who?
safehaven.com 1/27/2009 — This week the House is expected to pass an $825 billion economic stimulus package. In reality, this bill is just an escalation of a government-created economic mess. As before, a sense of urgency and impending doom is being used to extract ...
A New Stimulus Market
clubforgrowth.org 3/12/2009 — There is now a secondary market for stimulus cash.
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 ...
Stimulus or Carpe Diem? The New Deal Wasn't a Stimulus Package Either
austrianeconomists.typepad.com 1/27/2009 — One of the (correct) complaints about the proposed stimulus plan is that it's full of all kinds of programs that would appear to have nothing to do with any accepted economic theory about what sorts of spending could even possibly lead to recovery.  ...
Stimulus: The Power of Names
daviddfriedman.blogspot.com 2/4/2009 — A well chosen name wins an argument by assuming its conclusion. Label cash subsidies to foreign government as "foreign aid" and who can be so hard hearted as to oppose them. Call subsidies to the public schools "aid to education" and you neatly skip ...
We The People Stimulus Package (video)
youtube.com 3/22/2009 — We The People Stimulus Package
Stimulus Timeline
econompicdata.blogspot.com 1/28/2009 — CBO reports the time path of estimated outlays on government purchases under the proposed stimulus bill. Assuming enactment in mid-February, CBO estimates that the bill would increase outlays by $93 billion during the remaining several months of ...
Does Stimulus Stimulate?
forbes.com 1/23/2009 — In a few weeks, Congress will likely enact the largest fiscal stimulus legislation in history. Surprisingly, the whole idea of such a stimulus is much more controversial among A-list economists than I would have expected, given the depth and breadth ...
Blame It on KeynesThe Big Money 2/9/2009
Arrogant. Supercilious. Unbearably boorish. And that's just what his friends called him. John Maynard Keynes is on a lot of people's minds today. The British economist with the outsize ego published his General Theory of Unemployment, Interest, ...