Saturday, November 21

The surge^H^H^H^H^Hstimulus is working!

NYT gathers projected counterfactuals...

5 comments:

  1. There's still room for improvement though: http://www.pressdisplay.com/pressdisplay/showlink.aspx?bookmarkid=OYSVOXYZND41&preview=article&linkid=3025e86a-0231-4199-bdad-0d9299b18590&pdaffid=ZVFwBG5jk4Kvl9OaBJc5%2bg%3d%3d

    Sincerely,
    MediaMentions

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  2. i forget, were/are you pro or anti-stimulus?

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  3. I wanted payroll tax cuts (at least 2 years, preferably 4 years). What we got stimulated, but it was a bunch of pork for Democratic interests.

    I also think the stimulus was too big and too wasteful. Of course if it were smaller, unemployment would have been worse and GDP would have shrunk even more--but this is a feature, not a bug. A correction was necessary. The sooner business focused on their fundamentals rather than absurd giveaways like Clash for Clunkers, the better.

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  4. ok, so basically the stimulus was a good thing that saved us from a really bad crater and may or may not have been too much or too little. sounds like they did the right thing to me.

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  5. i mean, for fuxake, check the moody's figures. could you IMAGINE the sturm and drang if the recession last into mid-2010!?

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