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  • economic stimulus

    Deficit Spending Stimulus Skeptics

    President Barack Obama wants us to put away out “childish” disagreements. But there is nothing childish about the very real concerns many economist have about his $800 billion soon to be over $1 trillion stimulus package. Those with very adult doubts about how borrowing another dollars can save our economy … More

    Morning Bell: Where Are the 'Hard Choices'?

    Just like all his other speeches, President Barack Obama’s inaugural address delivered lofty rhetoric yesterday, but as is often the case with Obama, the speech provided more heat than light when it came to tough issues. Seeking to set a tone of accountability, Obama said: Our economy is badly weakened, a … More

    Economists Are Answering the Wrong Question

    U.C. Berkeley Economics professor Brad DeLong has made it his mission to label any economist who says anything bad about Barack Obama’s deficit spending plan as “ethics-free Republican hacks.” To this end he has compiled a list Republican former members of the President’s Council of Economic Advisers who have either … More

    Morning Bell: The Borrowing Bailout Parade Must End

    Before President Bush took office, the federal government took in $2 trillion in revenue in 2000. As Bush leaves office, the federal government is expected to take in $2.4 trillion in 2009. In other words, after eight years under President Bush, the federal government is taking in $400 billion more … More

    Forests Need Shovels Too

    The left’s big search for ‘shovel ready‘ projects continues. The White House Bulletin reports that New Mexico Sen. Jeff Bingaman, Chairman of the Senate Energy and Natural Resources committee, “expressed concern that the economic stimulus package lacks sufficient funding for backlogged national park and water projects.” Actually, Bingaman went beyond … More

    'We're Spending More Than Ever and It Doesn't Work'

    “We have tried spending money. We are spending more than we have ever spent before and it does not work.” Sound like, oh, Rep. John Boehner of Ohio or some other exasperated Republican stalwart lamenting proposals to spend our way out of the recession? Listen again: “I want to see … More

    Shovel Ready Nation

    One big worry for big government lovers who are pushing for Obama’s stimulus plan to include more government spending and less tax cuts is that “there’s a limited supply of ‘shovel-ready’ projects that can be started soon enough.” Thanks to mother nature this worry is now entirely misplaced. As the … More

    Obama's Stimulus Plan in Sixteen Words

    Speaking on a panel at the New York Times Center this Sunday, NYT correspondent Peter Baker put the lie to President-elect Barack Obama’s economic stimulus speech from last week: He hasn’t asked anybody for sacrifice. His whole economic package is about giving things to people. Truer words were never spoken.

    America's Remaining Free Marketers Speak

    Frank Ahrens tracked down two of “America’s remaining free-marketers” and asked them to rewrite President-elect Barack Obama’s claim that: It is true that we cannot depend on government alone to create jobs or long-term growth. But at this particular moment, only government can provide the short-term boost necessary to lift … More

    Mob Museums We Can Believe In

    Classic Obama subterfuge from the President-elect on This Week this Sunday. STEPHANOPOULOS: Well, that’s what I wanted to ask you about, because like one of the signature proposals already is this Museum of Organized Crime out in Las Vegas. I had Mitch McConnell out on the show last week and … More