economistsview.typepad.com - 1/22/2009
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Tax cuts won't build schools, or any other public good. And right now, with so much of our infrastructure in need of attention, we need public goods. We tried the tax cut approach to stimulating the economy once, we had no choice since Bush and the Republicans would not have passed any other ...
ft.com - 1/15/2009
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ft.com —
s news of the US economy worsens, worries
about whether a stimulus could restart the economy are...
growing. Making matters more complicated is the fact that our 2009 fiscal deficit will exceed 8 per cent of gross domestic product , even before the ...
(more)
FT.com / Comment / Opinion - Do not squander America’s ...
epi.org - 1/25/2009
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epi.org —
By Lawrence Mishel When it comes to reviving
the economy, tax cuts do not work as well...
as smart public spending. That is economic common sense proven true by the past two attempts at tax-cut stimulus, in 2008 and in 2003-04. And yet, incredibly, we ...
(more)
Tax cut approach has already been tried and failed as ...
economistsview.typepad.com - 1/26/2009
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economistsview.typepad.com —
Larry Mishel on the effect, or more precisely
the lack of effect, of the 2003 tax cuts...
on "Jobs and Growth": Tax cut approach has already been tried and failed as stimulus :...[The administration claimed t]he Bush tax cuts of 2003 ...
(more)
The 2003 "Jobs and Growth" Plan (Tax Cuts) Didn't Work
Comments
Blog Reactions
Infrastructure as stimulus?
The visible hand in economics —
... However, that didn’t take very long. So instead I’m going to discuss this post on a defense of infrastructural spending. ...
What's with the Economics Profession?
EconLog: Library of Economics and Liberty —
I think that the left-right polarization reflects the fact that the stimulus is ideologically loaded. If nothing else, it shifts large amounts of power and decision-making authority toward government technocrats. If you're a neo-Galbraithian, that is a good thing. For example, Mark Thoma writes, ...
Related Content
Tax Cuts vs. Government Spending
freakonomics.blogs.nytimes.com 2/11/2009 — As the Senate and the House look to reconcile competing stimulus plans, the big debate is whether to emphasize government spending or tax cuts. A new paper by the New York Fed's Gauti Eggertsson argues that the risk of deflation should tilt the ...
"Tax Cuts vs. Government Spending"
economistsview.typepad.com 2/11/2009 — Justin Wolfers summarizes a paper that suggests government spending would be
better than tax cuts at reviving the economy:
Tax Cuts vs. Government Spending, by Justin Wolfers : As the Senate and the
House look to reconcile competing stimulus ...
Spending versus tax cuts
krugman.blogs.nytimes.com 8/4/2009 — 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 ...
Obama Tax Cuts Likely Soon
washingtonpost.com 12/29/2008 — Comments that include profanity or personal attacks or other inappropriate comments or material will be removed from the site. Additionally, entries that are unsigned or contain "signatures" by someone other than the actual author will be removed. ...
No tax cuts?
tvhe.co.nz 8/2/2009 — 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 ...
Why Permanent Tax Cuts Are the Best Stimulus
online.wsj.com 11/25/2008 — The incoming Obama administration and congressional Democrats are now considering a second fiscal stimulus package, estimated at more than $500 billion, to follow the Economic Stimulus Act of 2008. As they do, much can be learned by examining the ...
Stiglitz: Just Say No to Tax Cuts
economistsview.typepad.com 1/16/2009 — Joseph Stiglitz on the tax cuts versus spending question:
Do not squander America’s stimulus on tax cuts,
by Joseph Stiglitz, Commentary, Financial Times : As news of the US economy
worsens, worries about whether a stimulus could restart the ...
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 ...
Obama Goes For Tax Cuts
econospeak.blogspot.com 1/6/2009 — Jonathan Weisman and Naftali Bendavid report: President-elect Barack Obama and congressional Democrats are crafting a plan to offer about $300 billion of tax cuts to individuals and businesses, a move aimed at attracting Republican support for an ...
Yes We Canz!!! —
The Big Money 1/20/2009
Recommended reading: Every lead story in every paper in the country.
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