How to Stop the Downturn

The country needs a stimulus, but anything we do will add to our soaring deficit, so it is important to get as much bang for the buck as possible. The optimal package would contain one fast-acting measure along with others that could lead to increased spending if and only if the economy goes into a steep downturn. Full Story »

Posted by Kaizar Campwala
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Posted by: Posted by Kaizar Campwala - Jan 23, 2008 - 9:10 AM PST
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Dwight Rousu
4.6
by Dwight Rousu - Oct. 1, 2008

The view is expert and convincing, but more meat would be good. If the major problems in the country are the Iraq war, global warming, good paying jobs for poor and middle class workers, energy dependence, and health care; why not target economic stimulus to improve as many of these problems simultaneously? Education and subsidies for installing point of use solar power is an example. Planting forests for carbon sequestering. Recall the troops. Train energy conservation experts and pay them. Design telecommute jobs. Paint parking lots and roofs white to increase solar albedo. Gather all the wild ideas and evaluate and apply them.

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Patricia L'Herrou
4.0
by Patricia L'Herrou - Oct. 1, 2008

this is a recommendation by a prize-winning economist for how to get the country's economy stimulated. much of what he says here agrees with robert rubin, another expert in economic policy, and much of that differs from what the bush administration is proposing. Most of it is clear, and much of what they both suggest offers the stimulus to those at the lower or middle economic groups, including the unemployed. clear in explaining how various strategies can or don't work well.

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Kaizar Campwala
4.0
by Kaizar Campwala - Oct. 1, 2008
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