Thursday, January 29, 2009
Economists Debate: Diverse Perspectives on Stimulus
As mentioned before, if you put 100 economists in a room it is virtually impossible to get them to agree. Here is a brief compilation of some top economists views of the proposed stimulus package.
A Layoff in the Smith Family Ripples Through Town
This Article illustrates the ripple affect of the multiplier as one individual is laid off in a Texas town.
Wednesday, January 28, 2009
House Passes Stimulus Plan Despite G.O.P. Opposition
http://www.nytimes.com/2009/01/29/us/politics/29obama.html?_r=1
It was pretty obvious that it would pass, seeing as how Democrats have a majority in both houses of Congress. Also, they finally settled on a value of $819 billion, though the article doesn't say exactly how it will be spent. I think that nobody can really predict its success until we see its effects on the economy.
It was pretty obvious that it would pass, seeing as how Democrats have a majority in both houses of Congress. Also, they finally settled on a value of $819 billion, though the article doesn't say exactly how it will be spent. I think that nobody can really predict its success until we see its effects on the economy.
Stupidity Has No Bounds: Chrysler Urges Dealers to Buy More Cars
http://globaleconomicanalysis.blogspot.com/2009/01/stupidity-has-no-bounds-chrysler-urges.html
Wow. This had to be the best article there is.
Saturday, January 24, 2009
Friday, January 23, 2009
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