economic stimulus

In an article entitled “Financial hit from Covid far less drastic than feared,” The Times of London reported on July 8 reported that “Unemployment, debt and earnings have not worsened significantly as a result of the pandemic  read more »

"Federal and state efforts to stimulate creation of green jobs have largely failed," the New York Times reported last week, drawing similar conclusions to the ones we drew in our essay for The New Republic last October.  read more »

Paul Krugman really doesn’t like the possibility that there is a structural shift in employment, because it weakens the argument for the massive Keynesian spending spree he’d like to see the government initiate.  To that end, he published this piece on his blog February 13th.  read more »

I saw this story in the Omaha World Herald last week: Benefits of stimulus bill spread unevenly over U.S. As I read through it, I became increasingly impressed. The journalists start off by laying out who said what about the benefits of stimulus spending. They provide quotes and facts from the White House, the Congressional Budget Office, and Joe Biden’s spokesperson.  read more »

The news is full of stories about the the impact of the ARRA on job creation, including this one from the The Wall Street Journal about a shoe store owner who created or saved nine jobs with less than $900.  read more »

Bloomberg.com reporters Mark Pittman and Bob Ivry are reporting a running total of the money the U.S. government has pledged and spent for bailouts and economic stimulus payments. The total disbursed through February 24, 2009 stands at $3.8 trillion; the total commitment is $11.6 trillion. The Federal Reserve is providing the largest share at $7.6 billion, followed by the U.S. Treasury $2.2 trillion and FDIC $1.6 trillion.  read more »