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    Economics / stimulus /

    You Can’t Win Them All!

    September 7, 2010

    A correspondent – Stephan – writes to tell me that my suggestion that we need at least $200 billion in the infrastructure deal being advocated by Obama is a complete nonsense. He puts me into the Obama camp in terms of timidity. He’s right of course. $200 billion is simply too little. Mea culpa. I […]

    Economics / consumption, Reagan, recession, recovery, stimulus, unemployment /

    Income Inequality and The Failed American Dream

    September 7, 2010

    The American dream is dead. That is, if it ever truly existed and wasn’t some creation of Hollywood or Walt Disney. My friend John sent me a long e-mail in which he wondered why it is that so many Americans have no clue as to where they stand in terms of wealth. Far too many, […]

    Economics / business investment, Obama, Reagan, recession, recovery, stimulus, tax cuts, unemployment /

    New Stimulus … Sort Of

    September 7, 2010

    It is remarkable how long it has taken for the administration to realize that the economy needs another shot in the arm. All this year those of us who take notice of history have been arguing that we need an additional boost: recessions caused by financial collapses always take much more effort and expense to […]

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