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capitalgainsandgames.com - 7/7/2009
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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 ...
ft.com - 7/5/2009
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ft.com —
A s the US unemployment rate has risen
to 9.5 per cent from 8.1 per cent since...
the $787bn fiscal stimulus package was enacted in February, many Democrats have become very nervous. They say that another large stimulus may be needed to keep unemployment ...
(more)
FT.com / Comment / Opinion - We do not need a second ...
psychologytoday.com - 7/10/2009
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psychologytoday.com —
What unsung political genius labeled the $787 billion
spending plan `economic stimulus'? With unemployment soaring, critics argue...
that it is ineffective, and not delivering on its promises (such as the forecast that "The plan will create three to ...
(more)
What’s in a name—the political psychology of ‘stimulus’
online.wsj.com - 7/9/2009
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online.wsj.com —
EDWARD P. LAZEAR In "Brewster's Millions," a comedy
starring Richard Pryor, a man is told he can...
keep $300 million if he manages to spend $30 million in one month. The movie documents -- with a great deal of humor -- his difficulties getting the money ...
(more)
Do We Need a Second Stimulus?
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Stimulating! Stimulating! The Conservative's Case
Angry Bear —
Andrew Samwick states the obvious, clearly and well: I think we are now 18 months behind where we should be in moving forward with sensible government spending plans. We should have pulled the fiscal policy ripcord in January 2008 with a public investment plan designed to repair our aging infrastructure. I'd rather have the 18 months back -- as would the millions of unemployed workers who could have been collecting a paycheck if we had started sooner -- but the proper course of action today is the same as it was then. You ...
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