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When Stimulus Is Not Very Stimulating
I’m a bit concerned that despite the new President’s assurances, we could be headed for a not -so-smart economic “recovery” package. From today’s Wall Street Journal (story by Greg Hitt and Naftali Bendavid), emphasis added: WASHINGTON — As President ...
Bill May Not Stimulate Jobs Right Away
online.wsj.com — GREG HITT and NAFTALI BENDAVID WASHINGTON -- As President Barack Obama's $825 billion economic-recovery package began making... its way through Capitol Hill, congressional budget analysts suggested a key plank of the plan may not provide as big a ... (more) Bill May Not Stimulate Jobs Right Away
Stimulus Bill Text - The WashingtonWatch.com Blog
washingtonwatch.com — Last week, the House Appropriations Committee posted a copy of the economic stimulus bill, called the “American... Recovery and Reinvestment Act of 2009,” online. Though it hasn’t been officially introduced yet, in a statement released Thursday, the ... (more) Stimulus Bill Text - The WashingtonWatch.com Blog
Bruce Bartlett Worries About Not-So-Stimulating Stimulus, Too
economistmom.com — In today’s Forbes, Bruce Bartlett seems to worry, as I do , that a lot of this... so-called “stimulus” won’t really stimulate the economy anytime soon–and if that’s the case, that the choice to deficit finance that ... (more) Bruce Bartlett Worries About Not-So-Stimulating ...
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Op-Ed: Misplaced Handwringing on the Stimulus
Angry Bear — Tom Bozzo has observed EconomistMom Diane Lim Rogers run multiple items pertaining to claims that it's inappropriate to use deficit spending for longer-run public investments, and opines that such claims do not make a hell of a lot of sense. As Rogers is following basically Republican sources (the Washington Post op-ed page, Bruce Bartlett, the Wall Street Journal), at least the strong implication is that deficit-financing households' consumption — or at least transferring debts from the private to the public sector — is OK (for that's what individual tax cuts are; do read Bob Herbert for the latest installment of the ...

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