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Continued Economic Weakness Means We Need MORE Stimulus... Yeah, That's the Ticket! -- By: Stephen SpruiellBoomer Greed, thy name is the New York Times editorial board: Congressional Republicans say continued economic weakness is proof that February’s stimulus package failed. Lawmakers in both parties fret that large budget deficits preclude more stimulus, lest the burden of debt outweigh t... |
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Bloomberg.com: U.S. Risks Japan-Like Economic 'Lost Decade'U.S. officials contemplating an exit from record fiscal stimulus are in danger of repeating mistakes that plunged Japan into its lost decade of stagnant growth, according to Richard Koo of Nomura Research Institute Ltd. "This isn’t a cold, its more like pneumonia," said Koo, autho... |
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10,000As Devilstower took note here and Jed Lewison did here, various Republicans and the right-wing pundithuggery were all gleeful about the possibility of President Obama failing when the stock market was cruising around 6600 last March. But they've found themselves a bit tongue-tied now that it's hi... |
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Why Stimulus LagsIn Fiscal Stimulus - Unlikely To Work in the Real World I argued that fiscal stimulus operates with too much of a lag to be of any use in 'real world' applications. Bruce Bartlett discusses one such source of lag: One reason may be that corporate consultants are giving this advice to their cl... |
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Bright Spots, Warnings for Obama in PollObama faces doubts about the war in Afghanistan and his handling of foreign policy, a WSJ/NBC News poll found. But the survey shows he has arrested the slide in support for his health-care plan. ... |
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Excerpts from NEC Director Lawrence Summers Remarks at Georgetown University TodayTHE WHITE HOUSE Office of the Press Secretary __________________________________________________________________ FOR IMMEDIATE RELEASE September 18, 2009 WA... |

