delong.typepad.com - 10/21/2008
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Krishna Guha in the FT:
Bernanke backs fresh US stimulus package : Ben Bernanke on Monday backed a second fiscal stimulus, while the White House indicated that President George W. Bush was “open to the idea,” raising the possibility that a stimulus package could be signed into ...
kukuklok.com - 10/16/2008
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Components of GDP Growth Since 2000
EconoSpeak —
... in 2000, has plummeted to less than 83% of its 2000 level. Our last graph shows the components of government purchases. Defense spending is 42.6% higher than it was in 2000, while even Federal nondefense spending is almost 23% higher. So why is overall government purchases not dramatically higher as a share of GDP now versus 2000? Well, it seems that state & local government purchases have gone up by 11.5%. And yet, the White House can send Dana Perino out to say this: Ms Perino said Democratic leaders in Congress had floated ideas – such ...
Related Content
Fire !
bigpicture.typepad.com 10/27/2008 —
by Clay Bennett , Chattanooga Times Free press
Judge Rules Against White House in E-Mail Case
angrybear.blogspot.com 11/15/2008 — Gotta hide it better than that, NYT -- "Judge Rules Against White House in E-Mail Case" New York Times Technology section? Yeah, that's the place to slip in a seriously important political story. More In Technology * Judge Rules Against White ...
White House in foreclosure!
optionarmageddon.ml-implode.com 12/27/2008 —
Check it out folks, the White House is in foreclosure. The Atlanta White House that is.
To the right is a picture of 3687 Briarcliff Rd, NE in Atlanta, Georgia . The 7 BR, 5.5 bath, 16,500 square foot behemoth is on the market for $9.9 ...
The Keynesian moment
krugman.blogs.nytimes.com 11/30/2008 — Greg has this exactly right:
IF you were going to turn to only one economist to understand the problems facing the economy, there is little doubt that the economist would be John Maynard Keynes. Although Keynes died more than a half-century ago, his ...
From Plan A to Plan G
delong.typepad.com 10/16/2008 — We are live in the Guardian:
J Bradford DeLong: Will partially nationalising US banks stave off a depression? : From Plan A to Plan G: The US has tried to stave off depression in half a dozen ways. Will partially nationalising America's banks ...
Obama: You Need To Fire Everyone
market-ticker.denninger.net 1/14/2009 —
..... involved in producing your " American Recovery and Reinvestment Plan ". Why? In "Appendix 1" We considered multipliers for the case where the federal funds rate remains constant, rather than the usual case ...
White House: "Banks Need To Stop Hoarding Money"
globaleconomicanalysis.blogspot.com 10/29/2008 — Here is an important announcement from the President Bush " Banks Need To Stop Hoarding Money " The transcript below contains several important clarifications from the original message from press secretary Dana Perino. Please read carefully. Tuesday ...
What Should the Stimulus Plan Contain?
economy.nationaljournal.com 10/27/2008 — With the White House open to an economic stimulus plan, and the possibility of a lame-duck congressional session to pass it in November, debate has now turned to what that package should contain.
Most argue that at least $200 billion will be ...
The Federal Reserve's balance sheet
econbrowser.com 10/26/2008 — On Thursday, the Federal Reserve issued its weekly H.4.1 report , which provides details of the Fed's balance sheet. Once upon a time, this was one of the least interesting of the government's many releases of data. These days, it's become one of the ...
White House utters the R-word —
The Big Money 10/20/2008
Not that you needed the White House to tell you, but, it's official: parts of the United States have already slipped into recession . Yes, Edward P. Lazear, chairman of the White House Council of Economic Advisers, used the R-word on CNN's "Late ...
The Greenspan Effect: Oops —
The Big Money 10/24/2008
" I made a mistake ": words we never thought we'd hear from a central bank chief, past or present. In a dramatic grilling on Capitol Hill on Thursday, former Federal Reserve Chairman Alan Greenspan admitted that, oops, he may have placed too much ...
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