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economistsview.typepad.com - 1/5/2009
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Will Congress do what's needed to stop the economy's downward spiral? (Related:
Obama
Plan Includes $300 Billion in Tax Cuts "to win over Congressional skeptics
worried that he was too focused on government spending." Guess who the skeptics
are? "Republicans have begun ...
blogs.ft.com - 12/30/2008
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blogs.ft.com —
By Roger E.A Farmer The US recession that
began in December 2007 resulted in 403,000 lost jobs
in September, 320,000 in October and 533,000 jobs in November. Projections for 2009 are ominous.
(more)
How to prevent the Great Depression of 2009
krugman.blogs.nytimes.com - 1/2/2009
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krugman.blogs.nytimes.com —
…. in Ukraine. From Edward Hugh: This …
… looks as bad as this.
(more)
The second Great Depression has arrived …
nytimes.com - 1/5/2009
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nytimes.com —
Let’s not mince words: This looks an awful
lot like the beginning of a second Great Depression.
Will we “act swiftly and boldly” enough to stop that from happening? >
(more)
Op-Ed Columnist: Fighting Off Depression
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Ed Glaeser's words of wisdom
Marginal Revolution —
... about $40 billion a year in transportation, and
another $20 billion on other forms of infrastructure. There is a case
for significantly increasing this amount. Our roads do need repairing,
and it makes sense to invest more in a downturn when unemployment is
high. But even doubling the current federal infrastructure expenditure,
a vast increase, would represent only 8 percent of a $750 billion
package. Here is much more, on the mark throughout. Here is related material by Mark Thoma and Paul Krugman. Here is a related post by Alex ...
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