nytimes.com - 7/13/2009
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Vice President Joe Biden told us this week that the Obama administration “misread how bad the economy was” in the immediate aftermath of the inauguration. Puh-leeze. Mr. Biden and President Obama won the election because the economy was cratering so badly there were fears we might be entering ...
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Dueling economists on whether Obama's $8-billion loan program for electric cars is a good idea (Part I)
The Energy Collective —
... “If you create income that otherwise wouldn’t be there, then that factory worker or research scientist or secretary or maintenance person who otherwise wouldn’t be employed—they are now going to go to the grocery store, or buy a new car, or maybe even build a new house,” Fazzari says. Makes sense to me. Lately, some economists and commentators have called for a new stimulus package because the economy has been so sluggish. See, for example, Bob Herbert's column in Saturday’s Times. ...
Obama’s smart $8-billion jolt for electric cars
Marc Gunther —
... “If you create income that otherwise wouldn’t be there, then that factory worker or research scientist or secretary or maintenance person who otherwise wouldn’t be employed—they are now going to go to the grocery store, or buy a new car, or maybe even build a new house,” Fazzari says. Makes sense to me. Lately, some economists and commentators have called for a new stimulus package because the economy has been so sluggish. See, for example, Bob Herbert’s column in Saturday’s Times. ...
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