CBO: Obama Stimulus Plan Lowers Long-Run Growth

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The frother was frothing at the author, James P., not the CBO report itself. Read carefully. You might just learn something.

Harold Taylor of GA 1:20AM February 12, 2009

I agree with some of your thoughts on the housing bubble. I often wonder, however, how much of it was due to loans being extended to persons with poor credit (a government action - Freddy and Fanny) as well as the complete failure of the government to regulate itself. These were programs founded on wonderful ideals and very poor fundamentals run by a bureaucratic nightmare. If you would like to see how this dynamic continues to work, I would recommend you look into the performance of most SRI funds over past 4 years.

the adorable Jeffy of MN 1:35PM February 05, 2009

Anytime a highly skilled salesman tells you that "you have to make decision now or deal will be gone" or "this is very time sensitive and you have to get this done now" beware. It is a hard sell technique to get you to buy something before you have the time to review, investigate, or read the fine print.
Just look at the first round of Stimulus - that has gone so well hasn't it?
Have you ever heard the old saying about the dog biting you?

Larry of CA 10:12AM February 05, 2009

No one seems to be noticing that the 2001 and 2003 tax cuts did not "stimulate" the economy at all. During 2003-2006, the best of the decade, the economy kidded itself on artificially low interest rates and a lot of GOVERNMENT SPENDING on the Iraq and Afghanistan wars. Got ya some dandy bubbles too, especially in residential real estate and commodities.
The tax cut money? It went to bidding up assets and markets to unsustainable levels, and widening the gulf between lords and serfs.

Muser of NM 10:05AM February 05, 2009

Your are criticizing a letter from the Congressional Budget Office consisting of a bipartisan group of U.S. congressman. If you were to bother to read what is written, you could have arrived at that conclusion all on your own. You see on the "internet" links are often signified by word the are colored differently than those surrounding them. This particular "link" will take you directly to the above mentioned document. You might feel free to contact one or all of the congressmen with your concerns about their intellectual integrity.
Carry on with the frothing at the mouth.

the adorable Jeffy of MN 10:42PM February 04, 2009

Of course tax cuts would also presumably have a crowding out impact which I suspect you will never advertise or acknowledge
You also neglected to mention the word "slightly" in your intro or .1 to .3%, perhaps that trade off is worth reducing the risk of a severe recession/depression
Again WHERE is your intellectual honesty?

concerned reader of Pethmeth of IL 8:44PM February 04, 2009