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Debunking Obama's Keynesian Spending Binge
Club for Growth —
So-Called Stimulus
Kudlow's Money Politic$ —
“Only in the upside-down world of Washington do people think that making government bigger is a recipe for economic growth.” So begins Dan Mitchell of the Cato Institute in his latest mini-documentary discussing Obama’s stimulus plan. As you may have guessed, I agree. As I wrote today, all of the proposed government spending is just a transfer of resources. There’s no net growth impact. We should be fighting the credit-deflationary recession with reduced tax rates and expanded money growth. Lower tax rates will address the downturn and expanded money growth will offset the credit problem. We don't need Bailout ...
The CF&P Foundation on the Obama stimulus
The Mess That Greenspan Made —
The Center for Freedom and Prosperity Foundation comments on the "so-called" economic stimulus plan of President Barack Obama.
Obama's Stimulus: George Bush On Steroids
CARPE DIEM —
Cato Institute's Dan Mitchell explains why Obama's so-called stimulus is good for the government, but bad for the economy:
Obama’s So-Called Stimulus Scheme: Good for Government, Bad for the Economy
Cato @ Liberty —
After eight years of higher spending and more intervention, some of us were hoping for change. Unfortunately, President Obama apparently wants to be George Bush on steriods. I explained in a previous video (http://www.cato-at-liberty.org/2008/12/15/are-we-all-keynesians-now/) why Keyneisan economics was misguided. The much-anticipated sequel is now available for your viewing pleasure.
This new video looks at the details of Obama’s $825 billion plan to make America more like France. At the risk of spoiling the conclusion, there is no reason to think that big government will work any better for Obama than it ...
Week in Review: Stimulus, Sarah Palin and a Political Conflict in Honduras
Cato @ Liberty —
Obama Considering another Round of Stimulus
With unemployment continuing to climb and the economy struggling along, some lawmakers and pundits are raising the possibility of a second stimulus package at some point in the future. The Cato Institute was strongly opposed to the $787 billion package passed earlier this year, and would oppose additional stimulus packages on the same grounds.
“Once government expands beyond the level of providing core public goods such as the rule of law, there tends to be an inverse relationship between the size of government and economic growth,” argues Cato scholar Daniel J. Mitchell. “Doing ...
