The Fiscal Policy Lag

Arnold Kling

By Arnold Kling, Jun 4 2009

Keith Hennessey has another must-read post.

I believe the Administration made an enormous mistake in its legislative implementation of the stimulus. As a result, the boost to GDP will come six to nine months later than it needed to (maybe more).

Read the whole thing.

Orszag and Hanson on McAllen's medical costs

Peter Orzsag writes, McAllen's per capita expenditures grew to nearly twice the national average - driven primarily by local norms that tend towards heavier use of discretionary services - such as diagnostic testing and surgical versus less invasive interventions - for which there are no clear clinical guidelines... ...

Jun 4 2009

Macroeconomics

Did Obama Restore Confidence?

Bryan Caplan

One non-Obama-loving economist I know nevertheless gave him credit for "restoring confidence." I agree that confidence is coming back. But does Obama deserve the credit? The obvious alternative is that panic, like grief, normally fades away a few months after bad news hits. As a wise women in Je...

Jun 4 2009

Fiscal Policy

The Fiscal Policy Lag

Arnold Kling

Keith Hennessey has another must-read post. I believe the Administration made an enormous mistake in its legislative implementation of the stimulus. As a result, the boost to GDP will come six to nine months later than it needed to (maybe more). Read the whole thing.

The Fiscal Policy Lag

Arnold Kling

RECENT POST

Orszag and Hanson on McAllen's medical costs

Arnold Kling

Did Obama Restore Confidence?

Bryan Caplan

The Fiscal Policy Lag

Arnold Kling

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