March 11, 2010 – 11:17 pm
This ought to kill off some shibboleths . . . assuming, of course, that the mainstream press will do its job and point out the fact that the Obama Administration is peddling misinformation about the economy, and about its own efforts to rescue the country from recession and depression.
I will say that I am more sympathetic to Ben Bernanke than the article appears to be. But that’s about my only major difference with it.
February 17, 2010 – 4:21 pm
The microphone goes to Megan McArdle:
February 17, 2010 – 4:17 pm
My friend and colleague, Francis Cianfrocca, has an op-ed for CBS News that further refutes Obama Administration spin regarding its stimulus package.
February 17, 2010 – 4:07 pm
Two big economic items for the day. The first is that the President has decided to create a debt panel that will supposedly lead us out of the fiscal mess that we are in. The second is that David Leonhardt has allied himself with the Administration’s spin machine to sing the praises of last year’s stimulus package.
By Pejman Yousefzadeh
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Posted in Blogs, Chequer-Board
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Also tagged Barack Obama, Budget Deficit, David Leonhardt, Economic Ignorance, economy, Entitlement Spending, Matthew Continetti, Michael Boskin, National Debt, Obama Administration, Reihan Salam, The Failure Of Keynesian Stimulus
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January 29, 2010 – 4:48 pm
It sounds really fantastic . . . until you read this:
January 26, 2010 – 3:37 pm
In his State of the Union, the President should acknowledge that the “liberal moment” he and his supporters were supposed to enjoy, has not come to pass because America is fundamentally a small-government country.
By Pejman Yousefzadeh
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Posted in Blogs, Chequer-Board
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Also tagged Barack Obama, budget, Budget Deficit, Democrats, economy, Entitlements, National Debt, Obama Administration, Republicans, Spending, Spending Freeze, The Failure Of Keynesian Stimulus
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November 18, 2009 – 3:16 pm
The President informs us that he is worried about rising U.S. deficits. Too much of this, we are warned, and we will suffer a double-dip recession.
By Pejman Yousefzadeh
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Posted in Blogs, Chequer-Board
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Also tagged Barack Obama, Budget Deficits, Economic Ignorance, economy, Fiscal Policy, health care, Health Care Policy, Health Care Reform, National Debt, Obama Administration, The Failure Of Keynesian Stimulus
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October 30, 2009 – 8:56 pm
Jacob Sullum takes on the contention that the stimulus package is helping get us out of a recession:
October 1, 2009 – 10:44 pm
File under “Information that the Obama Administration Will Never Use To Make Policy, Despite Its Accuracy”:
September 18, 2009 – 12:47 am
Those who want to relegate Keynesianism to the ash heap of history–like me–believe that Keynesian stimulus does nothing to get the economic engines roaring. As John Cogan, John Taylor, and Volker Wieland point out, fears that Keynesian stimulus will do nothing to help the American economy recover from the recession we suffered appear to have been validated:
September 4, 2009 – 1:09 pm
Of course, the numbers are grim. But just as grim is the economic message we need to take away from the latest information on the state of the economy, a message that puts the lie to the claim that the $787 billion stimulus package passed earlier this year is having any real, positive effect on the economy thus far:
