All Posts Tagged With: "Stimulus Package"
Stimulate the Catallaxy?
Last fall and winter’s brouhaha over the so-called economic stimulus package got me thinking about how far off target most people are when they talk about “the economy.” To hear the politicians and commentators tell it, the economy is a big machine located somewhere in Washington, D.C. That machine requires a skilled operator, and elections [...]
1Jul2010 | Sheldon Richman | 1 comment | ContinuedBig Government’s Cronies
Many window-making companies struggle because of the recession’s effect on home building. But one little window company, Serious Materials, is “booming,” says Fortune. “On a roll,” according to Inc. magazine, which put Serious’s CEO on its cover, with a story titled: “How to Build a Great Company.” The Minnesota Freedom Foundation tells me that this [...]
20Apr2010 | John Stossel | 1 comment | ContinuedBoom and Bust: Crisis and Response
America has experienced a classic economic boom and bust, which I first chronicled in the November 2007 Freeman. Ill-conceived policies to encourage homeownership channeled cheap credit into housing markets. Land-use and zoning policies restricted the supply of housing in key desirable markets. In The Housing Boom and Bust, Thomas Sowell of the Hoover Institution has [...]
24Feb2010 | Gerald P. O'Driscoll, Jr. | 2 comments | ContinuedStimulus Breakdown
I knew the stimulus was a failure but I guess I didn’t realize just how bad.
21Oct2009 | Mike Van Winkle | 1 comment | ContinuedChild's Play and the Stimulus Package.
When I was at the age where I received an allowance, my parents gave me the dollar amount equal to my age. So, when I was ten years old, I got ten dollars. At that age, you can do a lot with that kind of dough. However, in the adult world, that’s child’s play, not [...]
13Feb2009 | Margaret Morgan | 0 comments | ContinuedWill on the "Stimulus"
George Will has an excellent column on the House-Senate bill approved yesterday. Pay attention to the quotes from John F. Kennedy. You’ll see why Ayn Rand called his program “The Fascist New Frontier.”Read it here.
12Feb2009 | Sheldon Richman | 0 comments | ContinuedPolitical Sophistry
Here’s a sleazy piece of demagoguery: Republicans were big spenders when they were in control of the government. Republicans, hypocritically, criticize Democrats for being big spenders. Ergo, arguments against big government spending are invalid. A non sequitur, to be sure. But a highly convenient one.
10Feb2009 | Sheldon Richman | 0 comments | ContinuedCompromise on the "Stimulus" Bill Is Impossible
There can be no compromise at the level of basic principles. It’s all or nothing. That’s the subject of an op-ed I wrote for The Future of Freedom Foundation.
10Feb2009 | Sheldon Richman | 0 comments | ContinuedQuestions for Obama
Mr. President. During your press conference last night you made a few rather interesting comments that are worth following up on.1. You said: We stand to lose about $1 trillion worth of demand this year and another trillion next year. And what that means is you’ve got this gaping hole in the economy.Is this year’s [...]
10Feb2009 | Mike Van Winkle | 0 comments | Continued-
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