Wednesday, January 23, 2008

Stimulus Watch

The president of the Urban Institute and former director of the Congressional Budget Office on the economic downturn and politicians.

Krugman Quote;
When monetary expansion is ineffective, fiscal expansion...must take its place. Such a fiscal expansion can break the vicious circle of low spending and low incomes, "priming the pump" and getting the economy moving again. But remember this is no by any means an all-purpose policy recommendation; it is essentially a strategy of desperation, a dangerous drug to be prescribed only when the usual over-the-counter remedy of monetary policy has failed.

Economic Fear: The Next Generation will be Moderate

Another day, another dollar

Is U.S. in Recession? Discussions Begin

IMF to Fed: Nice Job, but Slowdown Likely in Any Case

Stimulie, I

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