online.wsj.com - 1/28/2009
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[stimulus] See how some of the major stimulus spending will be shared by the states.
krugman.blogs.nytimes.com - 2/2/2009
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krugman.blogs.nytimes.com —
Should we be upset about the buy-American provisions
in the stimulus bill? Is there an economic case...
for such provisions? The answer is yes and yes. And I do think it's important to be honest about the second yes. The economic case against ...
(more)
Protectionism and stimulus (wonkish)
topics.nytimes.com - 2/5/2009
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topics.nytimes.com —
Economic stimulus refers to the use of fiscal
policy -- government spending or tax measures -- to...
support or revive an economy in recession. In February 2008, as signs of a slowdown emerged, Congress passed a $168 billion package of tax cuts and ...
(more)
Economic Stimulus - The New York Times
austrianeconomists.typepad.com - 1/27/2009
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austrianeconomists.typepad.com —
One of the (correct) complaints about the proposed
stimulus plan is that it's full of all kinds...
of programs that would appear to have nothing to do with any accepted economic theory about what sorts of spending could even possibly lead to recovery. ...
(more)
Stimulus or Carpe Diem? The New Deal Wasn't a Stimulus ...
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Opening Bell: 01.28.09
Dealbreaker —
... Out, With T. Boone Pickens (Dallas Morning News)
Want some of that shit? TBP is auctioning himself off on eBay. Bidding starts Monday, at $100,000, and last 'til February 12. Good luck to all.
Behind Citi's Decision to Scrap New Jet Plans (FT)
Mentioned yesterday but confirmed: it was those meddling bastards over at Tim Geithner's Treasury that guilted Citi into saying it has "no plans to take possession" of the Dassault Falcon 7X.
Stimulus Bill Near $900 Billion (WSJ)
Expected House vote today. Includes: "a $365.6 billion ...
The Stimlus Bill Nears $900 Billion
CrossingWallStreet.com —
If you're interested, here's all 647 pages of the bill. Honestly, some parts of it are a bit dull.
The WSJ has a nice graphic on who gets what.
A vote should come later this evening.
"I would love to not have to spend this money," Mr. Obama said, according to individuals familiar with the president's meetings with Republicans. Mr. Obama defended the plan, they said, but suggested he'd be open to new ideas to help small businesses, and that changes could come after the House vote.
"We're not going to get 100% agreement, and ...
Obama's New Deal
EconLog: Library of Economics and Liberty —
... Obama's fiscal "stimulus" is likely to destroy wealth, at least he is not making four major mistakes that Herbert Hoover and FDR made: (1) substantially raising tariffs (Hoover with Smoot-Hawley), (2) cajoling (Hoover) or coercing (FDR) businessmen to have high wages, (3) increasing income taxes (Hoover), and (4) keeping prices of goods high (FDR with the National Recovery Administration and the Agricultural Adjustment Administration). Well, I might have to strike (4). According to an editorial in the January 28 Wall Street Journal , "dairy and beef cattle producers butted ...
Related Content
Stimulus Bill Near $900 Billion
online.wsj.com 1/29/2009 — Obama said he's confident he will get economic stimulus bill approved. The package neared $900 billion in the Senate, as Obama wooed Republicans ahead of an expected House vote Wednesday.
Video: What the stimulus bill may do for you
politicalnewslive.blogspot.com 2/17/2009 — The economic stimulus bill that President Barack Obama will sign into law Tuesday is worth $787 billion. Among the bill's provisions are measures designed to help average Americans right away.
Stimulus for Who?
safehaven.com 1/27/2009 — This week the House is expected to pass an $825 billion economic stimulus package. In reality, this bill is just an escalation of a government-created economic mess. As before, a sense of urgency and impending doom is being used to extract ...
Dangers of the Stimulus Bill
humanevents.com 2/9/2009 — There are many reasons to oppose the so-called stimulus bill and none of them are partisan. An obvious one is the haste with which Congress is acting on a bill that is in excess of 700 pages and spends hundreds of billions of dollars. It is being ...
Obama Signs Stimulus Bill
hf-implode.com 2/17/2009 — " President Obama has not ruled out a second stimulus package, his press secretary, Robert Gibbs, said on Tuesday, just before Mr. Obama signed his $787 billion recovery package into law with a statement that it would “set our economy on a firmer foundation.”"
Economic Stimulus Plan Mapped Out
ritholtz.com 2/12/2009 — Want to know where 900 billion dollars are going? Here’s another grpahic depiction of the stimulus plan.
click for ginormous chart
>
Source:
Obama’s Economic Stimulus Plan Mapped Out
Creditloan.com, February 9, 2009 ...
The Stimulus Time Machine
online.wsj.com 1/26/2009 — The stimulus bill currently steaming through Congress looks like a legislative freight train, but given last week's analysis by the Congressional Budget Office, it is more accurate to think of it as a time machine. That may be the only way to explain ...
Stimulus Bill Near $900 Billion —
WSJ.com: What's News US 1/28/2009
Obama traveled to Capitol Hill to woo Republicans ahead of an expected House vote Wednesday. Among the sweeteners, the administration indicated it would seek to shield millions of Americans from the alternative minimum tax and drop a proposed ...
Lawmakers Weigh 'Bad Bank' Plan —
WSJ.com: What's News US 1/28/2009
Top congressional Democrats are taking a wait-and-see approach to a plan to create a "bad bank" to buy up toxic assets, though there remains a sense of urgency for policy makers to put something in place fast.
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