Category: Economic Stimulus
The analysis published under this category are as follows.
Monday, July 06, 2009
No Amount of Economic Stimulus Will Work / Economics / Economic Stimulus
By: Mike_Shedlock
Economist Paul Krugman is back at it, whining for more stimulus. If you can stomach it, please consider What didn’t the vice president know?
Monday, June 22, 2009
Deflation vs Hyperinflation, Déjà Vu All Over Again. Once More / Economics / Economic Stimulus
By: LewRockwell
Bill Bonner writes: Rarely have we been criticized for understating trouble. But trouble keeps getting ahead of us. We can barely keep up with it. So often have we anticipated “disaster” or “catastrophe” that the words now fall like empty shells. We light the fuses; they don’t go off. Alas, we have become alarmists with no bell or siren. We break the glass and pull the lever every week, but no sound is heard…except the familiar words whispered with in a hoarse, weary voice…watch out!
Tuesday, June 16, 2009
Krugman and McCulley, Economic Ignorance Déjà Vu All Over Again / Economics / Economic Stimulus
By: Mike_Shedlock
Paul Krugman says Stay the Course.
Read full article... Read full article...The debate over economic policy has taken a predictable yet ominous turn: the crisis seems to be easing, and a chorus of critics is already demanding that the Federal Reserve and the Obama administration abandon their rescue efforts. For those who know their history, it’s déjà vu all over again - literally.
Monday, June 15, 2009
Obama's Sure-fire Formula For Rising Interest Rates and Accelerating Inflation / Economics / Economic Stimulus
By: Gerard_Jackson
The US economy is facing a challenging time for which Americans can thank the Fed's appalling monetary mismanagement, not to mention the lousy economics of the economics profession that is telling us that what the Good Ol' US of A needs now is damn good dose of inflation. In the meantime the Obama administration's spending spree would shame a bunch of drunken sailors. At least sailors spend their own money.
Tuesday, June 09, 2009
The Consequences of Weak Dollar and Economic Stimulus Has Started to Arrive / Economics / Economic Stimulus
By: Michael_Pento
The consequences of adopting a weak dollar and inflationary monetary policy to bail out the economy have begun to manifest themselves, although the real effects of the government’s $12.8 trillion dollar recovery plan have only just started to show up. Investors should not be surprised to learn that the commitments, guarantees, and prodigal spending of the past two Administrations have come with harrowing consequences. Surprising or not, these painful consequences are just beginning to appear and are rather insidious in nature.
Read full article... Read full article...
Tuesday, June 02, 2009
Reagan Did What? The Fantasies of Paul Krugman / Economics / Economic Stimulus
By: LewRockwell
William L. Anderson writes: Ronald Reagan has been dead for several years, but Paul Krugman continues to chase his ghost. In his "Reagan Did It" column, Krugman claims that until Reagan was elected, the U.S. financial system was in great shape and that government-created cartels in finance, communications, and transportation had enabled us to have a wonderful "equal-benefits-for-all" economy.
Friday, May 29, 2009
Obama Economic Stimulus May do More Harm than Good / Economics / Economic Stimulus
By: Money_Morning
Martin Hutchinson writes: Could the massive Obama stimulus plan end up hurting the U.S. economy?
It's long been a worry, and now it's beginning to seem possible.
Read full article... Read full article...
Friday, May 29, 2009
Obamanomics Reflating the U.S. Economy Out of Depression / Economics / Economic Stimulus
By: Ty_Andros
Fingers of Instability, Part II:
The Definition of Depression
Obamanomics
The Bomb, er…Bond Market
The Dollar
As the GREAT REFLATION kicks into a higher gear, we are learning the TRUE power of G7 Central Bank printing presses; and the fact that it is awash on a sea of liquidity, the size of which NO ONE actually knows, is making analysis very challenging. Those green shoots about which the media has been talking are nothing more than US Dollars, Japanese Yen, British Pounds, Swiss Francs and now Euros being tossed about and printed like confetti. This newsletter has previously projected the balance sheet of the Federal Reserve would climb from its current level of approximately $2 Trillion plus to over $10 Trillion.
Read full article... Read full article...
Wednesday, May 27, 2009
Consumer False Confidence Due to Socialism, the Philosophy of Failure / Politics / Economic Stimulus
By: John_Browne
"Socialism is the philosophy of failure, the creed of ignorance and the gospel of envy," said Winston Churchill. Although it inevitably lowers living standards, socialism feels good - at least at the outset - as "free money" flows in great abundance. Keep this in mind as we examine the "good news" about consumer confidence.
Thursday, May 21, 2009
Can President Obama’s Policies Heal the US Economy? / Economics / Economic Stimulus
By: Submissions
Frank Shostak writes: In his interview with the New York Times on May 3, 2009, President Obama said. I know how to ask good questions of my doctor. But ultimately, he's the guy with the medical degree. So, if he tells me, you know what, you've got such-and-such and you need to take such-and-such, I don't go around arguing with him or go online to see if I can find a better opinion than his.
Monday, May 18, 2009
Obama's Road to Economic Ruin and Higher Taxes / Politics / Economic Stimulus
By: Gerard_Jackson
The inimitable Adam Smith once quipped that "there is a great deal of ruination in a country". But then Mr Smith had never met President Obama whose idea of financial responsibility would make the feckless and cynical Louis XIV look like a nineteenth British treasurer. This ideologue has set the United States on a spending and borrowing binge that is unprecedented in its history and which is impossible to sustain.
Friday, May 15, 2009
U.S. Borrow and Spend DownWard Budgetary Spiral / Economics / Economic Stimulus
By: Money_and_Markets
Mike Larson writes: Most Americans dread April 15. That’s when we all have to pay the fiddler — or more specifically, Uncle Sam. If you don’t get your tax check in on time, you may get a knock on your door someday from the IRS.
Thursday, April 30, 2009
FDR's New Deal vs Obamanomics / Economics / Economic Stimulus
By: Stephen_Lendman
With good reason, progressive economists reflect positively on Roosevelt's New Deal even though:
-- it failed to end the Great Depression;
Wednesday, April 29, 2009
When Will the U.S. Budgetary Debate Turn into the Budgetary Diktat? / Politics / Economic Stimulus
By: Brady_Willett
Earlier this year, and based upon the observation that his administration had inherited a $1.3 trillion budget deficit, President Obama pledged to cut the budget deficit in half. Mr. Obama also talked tough about reining in the deficit longer-term:
Friday, April 17, 2009
Not All Economists Agree on Obama U.S. Economy Recovery Policies / Economics / Economic Stimulus
By: Peter_Schiff
In a speech this week summarizing his administration's economic policies, President Obama grossly overstated the support these policies enjoy by claiming, "economists on the left and right agree that the last thing the government should do during a recession is cut back on spending." There are a great many economists who were surprised to learn that, apparently, they now agree with the President.
Thursday, April 16, 2009
Robert Shiller’s Fatal Prescriptions Poisoning the U.S. Economy / Economics / Economic Stimulus
By: LewRockwell
Mike Rozeff writes: Economist Robert Shiller now prescribes a strong dose of medicine – actually poison – for the U.S. economy (see here). Shiller’s diagnosis and doctoring are the same as those of the Bush-Obama-Bernanke regimes. He only wants greater and more persistent doses of the poisons.Read full article... Read full article...
Thursday, April 09, 2009
Keynesian Economic Nonsense, Be Careful What You Wish For / Economics / Economic Stimulus
By: Peter_Schiff
Apart from the obvious financial distress that the current economic crisis has inflicted on most Americans, perhaps one of the more irksome byproducts of the meltdown has been the inescapability of clueless economic blather. It's bad enough when so-called economists serve up the same Keynesian nonsense that has led us down the current cul-de-sac in the first place. At least those people have some incidental knowledge, however deeply flawed, of basic economic concepts. It's far worse when political pundits, whose understanding of economics typically comes from Treasury Department talking points, hold forth as if they really know what is going on.Read full article... Read full article...
Wednesday, April 08, 2009
G20 Summit, What Really Happened in London / Politics / Economic Stimulus
By: John_Browne
Last week's gathering in London of the leaders of the 20 foremost economic countries in the world had been billed as the most important global financial meeting in more than 60 years. The stage had been set for hotly contested economic policies to be hashed out with the intensity of a Cold War arms negotiation. However, for most observers, the results of the G-20 failed to live up to the billing. Other than a masterful display of haute couture by the new American first lady, there are few results that anyone can really call significant.Read full article... Read full article...
Friday, April 03, 2009
G20 Summit Members Agree to Waste $5 Trillion / Politics / Economic Stimulus
By: Pravda
A compromise, the American style, became the main result of the G20 summit in London. The world's leading countries decided to boost the world economy with the help of grand investments, which goes along the US model of the anti-crisis struggle. Such an approach may result in the loss of control over the situation, economists say. The United States and Great Britain solve their own problems first and foremost.Read full article... Read full article...
Thursday, April 02, 2009
Gordon Brown Saves the World, G20 $1.1 Trillion Down Payment / Politics / Economic Stimulus
By: Nadeem_Walayat
The G20 summit in London agreed on a plan to fight the global economic crisis and provided a down payment of $1.1 trillion to support developing economies during the crisis. The French and Germans despite much rhetoric and play acting of threatening to 'walking out' signed on the dotted line, as I stated they would in an earlier article, as the consequences of a failure of the summit would literally mean Financial Armageddon. Read full article... Read full article...