fivethirtyeight.com - 1/11/2009
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So it turns out that the Senate Democrats are not entirely happy about the Obama administration's proposal to spend "only" $800 billion or so on the economic stimulus package, about $300 billion of which would be devoted to tax cuts. Not just any Senate Democrats are angry, moreover, but a ...
colbertnation.com - 1/13/2009
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colbertnation.com —
All New Video Now Playing Now Playing Now
Playing Now Playing Thursday January 22, 2009 Near-President Obama
The lack of a Bible isn't the only Godless part of Barack Obama and John Roberts' secret rendezvous. (04:08) Watch the full ...
(more)
Colbertnation | The Colbert Report Official Site | ...
newyorker.com - 1/19/2009
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newyorker.com —
Cutting taxes is usually a surefire political winner.
Yet Barack Obama’s plan to include more than a
hundred billion dollars in individual tax rebates in his stimulus package has earned him criticism from both ends of the political spectrum. ...
(more)
James Surowiecki: The logic of Obama's rebate.
economistsview.typepad.com - 1/11/2009
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economistsview.typepad.com —
Paul Krugman is pushing for more: More on
Romer/Bernstein : Still picking over the Romer/Bernstein official evaluation
of the Obama economic plan. Again, kudos to the team for producing such a clear, honest assessment. But ...
(more)
Christina Romer on YouTube on the Stimulus Plan
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Blog Reactions
Christina Romer on YouTube on the Stimulus Plan
Economist's View —
... at the bottom wondering if I can make it to the top
without wrecking my car. The possibility of falling all the way back to the
bottom and ending up worse off would make me want to start with sufficient
momentum. Essentially, I am arguing that there are crucial economic and
psychological "tipping points" that must be reached in order for the economic
recovery package to be effective. However, an email suggests looking at another
perspective:
Obama's Price is Right Negotiating Strategy?, by Nate Silver: So it turns out that the
Senate ...
Fed Watch: Short Takes for January 11, 2009
Economist's View —
... , contrary to concerns about enough shovel ready
projects, there is plenty of room for infrastructure stimulus given the depth
and duration of the expected output gap. And
Nate Silver suggests that the early numbers are lowballing the expected
final figure to gain a strategic negotiating advantage. My take is that the
current numbers, especially with a large tax cut component, are likely to pop
the data in the second half of the year relative to the baseline. It is a lot of
money. Behind that pop, however, the size of the package, and the timeline, are
woefully ...
‘We’re All Keynesians Now’ and the Narcissism of Small Differences
Gregor.us —
... installed political structure of your average State, and the highway construction industry. From my post last week however, readers know I would regard any national Obama stimulus plan that favors highways over rail transport as a fiasco. And thus, we arrive at the narcissism of small differences.
Or, are these small differences? Whether they are small or large I will let others decide. What we do see now however is that economists and thinkers from Paul Krugman, Nate Silver, Clive Crook, and Tom Friedman have all weighed in on how to either ...
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windsofchange.net 1/15/2009 — I saw this the other day, and waited for it to get picked up and commented on. It wasn't, so I'll raise it here.
Here's Spencer Ackerman writing in the Washington Independent :
Today a cohort of progressive bloggers unveils a new effort against ...
Obama’s Bear
optionarmageddon.ml-implode.com 3/5/2009 —
I will preface this post by emphasizing that it is NOT Barack Obama’s fault that the market has fallen so much on his watch. The American economy was grossly over-leveraged before he was even elected to the Senate in 2004.
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Change we can believe in? Where? This is Obama's idea of "change": WASHINGTON (AP) - President-elect Barack Obama says the nation probably faces huge deficits for years to come, but heavy spending is needed now to spur ...
Obama to Congress: No Time to Waste —
The Big Money 1/9/2009
Double-digit unemployment. A recession that lingers for years. That's what is coming to America should Congress dither over an ambitious $775 billion economic stimulus plan , its architect, president elect Barack Obama, told the country yesterday. ...
Obama to Get Bailout Cash —
The Big Money 1/13/2009
It looks as if president-elect Barack Obama will get his $350 billion , the remaining half of the TARP fund yet to be spent, the New York Times reports this morning. Despite growing hostility from many Democrat and Republican lawmakers, the ...
My Stimulus Is Better Than Yours! —
The Big Money 1/14/2009
Even before President-elect Obama takes office, critics are circling his yet-to-be-released stimulus plan. There is skepticism from both the left and right, but the most emphatic objections come from conservatives, who question the utility of ...
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