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Yes, We Can Make the Stimulus More Stimulating
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The Case for Stimulating Profits
econlog.econlib.org — (January 21, 2009 07:59 AM, by Arnold Kling) I am going to endorse the idea that Bryan Caplan called smart stimulus. if you cut employers' share of the payroll tax, this puts money in employers' hands, not workers'. But the indirect effect is to ... (more) The Case for Stimulating Profits
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Getting the Most Bang for the Stimulus Buck
EconoSpeak — by the Sandwichman Dean Baker has made this old Sandwichman very, very happy. Point seven of Dean's "Yes, We Can Make the Stimulus more Stimulating": 7) Pay for shorter workweeks and more vacations The United States lags the rest of world in that its workers are not guaranteed any vacation time, sick leave, or family and parental leave. In Europe, five or six weeks a year of paid vacation is standard. Also, all Western European countries guarantee their workers some amount of paid sick leave and paid parental leave. The stimulus gives us a ...

Links 1/14/09
naked capitalism — ... Tax New York Times. This is terribly regressive and way way overdue. Junk bond rebound adds to credit thaw; levels still distressed MarketWatch Panic on the campus as graduate jobs disappear Independent Massive Taxpayer Backlash Over Pension Crisis Is Coming Michael Shedlock HSBC may need $30 billion: Morgan Stanley Reuters (hat tip reader Michael). HSBC had been considered one of the better capitalized banks. Yes, We Can Make the Stimulus More Stimulating Dean Baker. Among other things, he wants more holidays! ...

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