Ezra Klein Archive: Stimulus
The stimulus was small
At least when compared to the competition: This paper studies the patterns of fiscal stimuli in the OECD countries propagated by the global crisis. Overall, we find that the USA net fiscal stimulus was modest relative to peers, despite it...
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Ezra Klein
| February 14, 2011; 3:05 PM ET |
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Stimulus
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Gary Burtless on the stimulus
On Monday, I linked to this op-ed from Tom Esvlin, Vermont's "stimulus czar," lamenting the way the money got spent. "Although I'd like to think Vermont did better than many states, much of the money ended up continuing bloated programs...
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Ezra Klein
| December 29, 2010; 2:11 PM ET |
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Stimulus
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Putting the stimulus bill in perspective
If you're interested in an extremely detailed walkthrough of the various camps and models that dominate the economics profession's debates over fiscal stimulus, this paper (pdf) by Alan Auerbach, William Gale, and Benjamin Harris is worth your time. And if...
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Ezra Klein
| December 28, 2010; 2:30 PM ET |
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Stimulus
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The tax cut that failed
This is a great opening line by Michael Cooper: "What if a president cut Americans’ income taxes by $116 billion and nobody noticed?" It happened, of course. But the nobody noticing was by design. The Making Work Pay tax credit...
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Ezra Klein
| October 21, 2010; 9:35 AM ET |
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Stimulus, Taxes
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Shovel-ready programs, cont'd
Bruce Bartlett lists five reasons public-works programs aren't effective for stimulus, and notes that we've known this since 1980. Here's the list: ● Public works programs cannot be triggered and targeted in a sufficiently timely manner to compensate for cyclical...
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Ezra Klein
| October 19, 2010; 2:00 PM ET |
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Stimulus
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Why does Obama keep telling reporters there are 'no shovel-ready projects'?
Perhaps I should've written this post before interviewing Jared Bernstein, the vice president's chief economist, on the same subject. But if you read that interview closely, you'll see a White House that doesn't exactly know what to do with...
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Ezra Klein
| October 19, 2010; 11:50 AM ET |
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Categories:
2010 Midterms, Stimulus
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