krugman.blogs.nytimes.com - 8/4/2009
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Jeff Frankel says what I wanted to say about what we know so far about the impact of the stimulus:
Martin Feldstein and others predicted that the tax-cut component of the 2009 fiscal stimulus package would have substantially less expansionary bang-for-the-buck than the spending component of the ...
tvhe.co.nz - 8/2/2009
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tvhe.co.nz —
So Bill English has said there is now
no room for tax cuts , specificially: New Zealand...
had to get out of the tax-cut “mode” it had been in for the past five years, he said, because of the new economic conditions, which see budget deficit forecasts of up $12 billion for the next ...
(more)
No tax cuts?
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Spending versus Tax Cuts
Economist's View —
Paul Krugman says:
Spending versus tax cuts, by Paul Krugman:
Jeff Frankel says what I wanted to say about what we know so far about the
impact of the stimulus:
Martin Feldstein and others predicted that the tax-cut component of the 2009
fiscal stimulus package would have substantially less expansionary
bang-for-the-buck than the spending component of the package, because much of
the tax cut would be saved, as had been the case with the 2008 tax cut. (“Bang
for the buck” in this case could be defined as demand stimulus ...
Types of Fiscal Stimulus
J. Bradford DeLong's Grasping Reality with All Eight Tentacles —
... Paul Krugman again:
Spending versus tax cuts: Jeff Frankel says what I wanted to say about what we know so far about the impact of the stimulus:
Martin Feldstein and others predicted that the tax-cut component of the 2009 fiscal stimulus package would have substantially less expansionary bang-for-the-buck than the spending component of the package, because much of the tax cut would be saved, as had been the case with the 2008 tax cut. (“Bang for the buck” in this case could be defined as demand stimulus divided ...
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