The Congressional Budget Office has just released the update to its Economic and Budget Outlook. There are several things from this new report that probably deserve commentary, including a new estimate that unemployment will “remain above 8 percent until 2014.” This certainly doesn’t reflect well on the Obama White House, which claimed that flushing $800 [...]
Archive for August 24th, 2011
New CBO Numbers Confirm – Once Again – that Modest Spending Restraint Can Balance the Budget
Posted in Balanced Budget, Big Government, Canada, CBO, Congressional Budget Office, Debt, Deficit, Economics, Fiscal Policy, Government Spending, Ireland, Slovakia, tagged Balanced Budget, Big Government, Canada, CBO, Congressional Budget Office, Debt, Deficit, Economics, Fiscal Policy, Government Spending, Ireland, New Zealand, Slovakia on August 24, 2011 | 15 Comments »
Is Obama Really Going to Propose another Keynesian Stimulus?
Posted in Big Government, Debt, Deficit, Economics, Fiscal Policy, Government Spending, Keynes, Keynesian, Obama, stimulus, Video, tagged Big Government, Debt, Deficit, Economics, Government Spending, Keynesian Economics, Obama, Paul Krugman, stimulus, Video on August 24, 2011 | 16 Comments »
Just last week, I made fun of Paul Krugman after he publicly said that a fake threat from invading aliens would be good for the economy since the earth would waste a bunch of money on pointless defense outlays. Yesterday, there were rumors that Krugman stated that it would have been stimulative if the earthquake [...]
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