youtube.com - 2/12/2009
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Politicians are going to spend $800 billion dollars which they claim will stimulate the economy. For the same amount of money we could eliminate the payroll ...
reason.com - 2/11/2009
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reason.com —
Yesterday, the United States Senate passed a sweeping
$800 billion stimulus plan that President Barack Obama says...
he would like to sign into law as soon as possible. There is no disagreement, Obama has declared, that we need action by our government, ...
(more)
The Reason.com Stimulus Symposium: Leading economists ...
businesspundit.com - 2/12/2009
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businesspundit.com —
StimulusWatch is a new wiki that uses online
feedback to hold the government accountable for its elephantine...
stimulus package. From the website : StimulusWatch.org was built to help the new administration keep its pledge to invest stimulus money smartly, and to hold public officials to ...
(more)
Stimulus Watch: Web Watchdog for the Stimulus Package
Comments
Blog Reactions
Eliminate Payroll Taxes (by Don Boudreaux)
Cafe Hayek —
In less than three minutes, my former GMU student Michelle Muccio explains her "People's Stimulus" in this entertaining and smack-on video. What say you, Pres. Obama?
Alternative Stimulus Plan
MV=PQ: A Resource for Economic Educators —
This post relates to the following Keystone Economic Principles: 1. We all make choices. 2. There ain’t no such thing as a free lunch. 3. All choices have consequences. and 4. Economic systems influence choices. You can file this as "water under the bridge" but it's still an interesting mind exercises. There is an interesting video (HT to Cafe Hayek) that could generate a lot of class discussion. I suspect the video was meant as a slam of the stimulus package. But like so many short, sound-bites on the news, it doesn't go far enough. It was done by an economics student at George Mason University. And I've heard ...
The People's Stimulus!
Club for Growth —
$800 Billion Is a Lot of (Other People’s) Money
Cato @ Liberty —
Even though Keynesian theory does not make sense, President Obama wants a so-called stimulus that will increase the burden of government spending by about $800 billion (including the additional interest on government debt, more than $1 trillion). This is not pocket change. In this short video, Michelle Muccio of the Acton Institute explains how this amount of money would be enough to abolish the payroll tax for the rest of the year.
Why don’t politicians choose tax relief? As John Kerry stated, people can’t be trusted to spend their own money. ...
Related Content
Other People's Money
econlog.econlib.org 10/6/2008 — (October 6, 2008 07:59 AM, by Arnold Kling) Tyler Cowen puts a lot of the blame for the financial crisis on leverage. He links to Robert Frank, who writes, In financial markets, asset bubbles cause real trouble when investors can borrow freely to ...
Does Stimulus Stimulate?
forbes.com 1/23/2009 — In a few weeks, Congress will likely enact the largest fiscal stimulus legislation in history. Surprisingly, the whole idea of such a stimulus is much more controversial among A-list economists than I would have expected, given the depth and breadth ...
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 ...
The People's Bank of China--Speeches
pbc.gov.cn 3/23/2009 — Reform the International Monetary System Zhou xiaochuan The outbreak of the current crisis and its spillover in the world confronted us with the long existing but still unanswered question £¬ i.e., what kind of international reserve currency do we ...
Other People’s Information Doesn’t Want to be Free
likelihoodofconfusion.com 9/15/2009 — Last night Santa Clara County Superior Court Judge James Kleinberg ruled
in the Apple case that “reporters who published ’stolen property’ weren’t
entitled to protections. “
B-b-b-b-b-b-but even if they’re reporters?!
Yes. Even if they’re reporters. This ...
CLIMATE CHANGE: Arctic Peoples Claim Their Right to Cold Temperatures
ipsnews.net 12/24/2008 — QUEBEC CITY, Dec 24 (Tierramérica) - "Terrifying" is the word that best
describes the situation of a hunter who is lost on shifting ice,
or of the homeowner whose house splits in two when its foundation
sinks, says Canadian indigenous leader Mary ...
Will Stimulus Become a $3 Trillion Nightmare?
cato-at-liberty.org 2/12/2009 — A huge threat from the $800 billion stimulus plan in front of Congress this week is that much of the spending may morph into a permanent expansion of government. If the bill is signed into law, lobbyists will immediately start pressing for the ...
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