World News Insights
1-3 Minute Gist
Search, personalize, or simply browse. Follow the world around you from gist and context to insights.
Who we are | Our Credo | Ways of using Lyrarc | FAQ | Send Feedback | First Letter From the Editor
Sign up. It's free and easy to use
Create an account
to personalize your feed of articles and topics.
All Topics Article
Hey, Small Spender
Keywords:
Krugman says the kind of spending on helping the US economy never happened. That is relative to the size of the US economy, not much happened uder the Obama administration. As evidence, he cites the figures that total government payrolls have declined by 350,000 since January 2009. And he says government purchases of goods and services increased only by 3% in the last 2 years.
How only $144 billion of the $825 billion U.S. 2008-2009 Stimulus adds value to the economy, the rest increases U.S. Debt
01/16/2009
As much as the Stimulus was needed a lot goes to stabilize the economy and shore up the banking system, only a small portion 17% goes into productivity increasing improvements. The rest increases the nation's debt which has implications for the future in terms of austerity measures to reduce debt to GDP ratios. These future costs are all part of the costs of the bubble and financial crisis.
Grouped Articles
New York Times 09/06/2011
Stimulus and the Depression: The Untold Story
Wall Street Journal 09/26/2011
New York Times 10/10/2010
How Righteousness Killed the World Economy
New York Times 10/12/2014
Wall Street Journal 01/16/2009
Government Spending Is No Free Lunch
Wall Street Journal 01/22/2009
Voices of caution about the economic recovery in the U.S. as underlying problems remain.
04/20/2008
Underlying problems in foreclosure rates, job losses, and toxic assets at banks remain unresolved, even as the stimulus spending plans and the Fed's putting money into the economy fast have helped restore some degree of confidence.
Grouped Articles
New York Times 10/10/2010
The Wage That Meant Middle Class
New York Times 04/20/2008
A Trap in Obama’s Spending Plan
New York Times 12/21/2008
In Japan’s Stagnant Decade, Cautionary Tales for America
New York Times 02/13/2009
New York Times 02/13/2009
New York Times 03/06/2009
Impact of U.S. Stimulus spending
01/16/2009
Grouped Articles
New York Times 09/06/2011
Stimulus and the Depression: The Untold Story
Wall Street Journal 09/26/2011
New York Times 08/08/2010
New York Times 10/10/2010
The Obama Stimulus Impact? Zero
Wall Street Journal 12/09/2010
Wall Street Journal 09/08/2011
Krugman on economic policy and prospects for the U.S. in 2010-12
08/08/2010
Grouped Articles
New York Times 08/08/2010
Bush Tax Cuts: Now That's Rich
New York Times 08/22/2010
New York Times 09/05/2010
New York Times 10/10/2010
New York Times 06/07/2012
How Righteousness Killed the World Economy
New York Times 10/12/2014
The American economy in 2010-2012: Looking ahead the risks and possibilities.
10/01/2009
Housing, hiring, the strength of the stimulus and capital spending will determine what 2010-2012 looks like for the U.S. economy.
Grouped Articles
Michelin Issues Cautious Outlook
Wall Street Journal 10/01/2009
2010 Looks 'Highly Uncertain,' Zoellick Says
Wall Street Journal 10/02/2009
Economist 10/01/2009
Economist 10/01/2009
Economist 10/01/2009
Hiring, Business Investment and Other Big Variables That Will Drive 2010 Economy
Wall Street Journal 12/28/2009
U.S. Stimulus spending and meeting long term sustainability goals and short term job goals.
12/24/2008
Reconciling short term job goals and longer term goals to build an America in which we live and work with sutainability in mind for a global economy/ and build education and infrastructure to compete in a global economy.
Grouped Articles
New York Times 09/06/2011
Stimulus and the Depression: The Untold Story
Wall Street Journal 09/26/2011
U.S. Schools Chief Arne Duncan Labors to Straddle Political Divide
Wall Street Journal 07/22/2013
New York Times 08/08/2010
Obama Calls for $50 Billion Public Works Plan
New York Times 09/06/2010
Obama's Infrastructure Plan: More Cash Could Hit the Road
BusinessWeek 09/08/2010
Unemployment in Europe, Japan and the USA. Stimulus measures in the U.S. and safety nets in Japan and Europe: 2008-2010
01/05/2007
How safety nets in Japan and Europe do what the stimulus helps to do in the USA. Coping with high unemployment.
Grouped Articles
New York Times 09/06/2011
Stimulus and the Depression: The Untold Story
Wall Street Journal 09/26/2011
Japan Is a Model Not a Cautionary Tale
New York Times 06/09/2013
The Next First (and Only) 100 Days
New York Times 12/10/2011
New York Times 10/10/2010
New York Times 10/30/2014
What Krugman makes of the one trillion dollar U.S. deficit in 2012 and the alternate view of John Taylor on the U.S. deficit
08/22/2010
Krugman says $1.089 trillion to be exact for the fiscal year ending in Sept. 2012. He gives the 400-450-150 formula to understand what this means in simple terms. The debt would still be stable or declining as a ratio of GDP at $400 billion because of steady GDP growth. He cites the example of the period when debt to GDP declined from 49% to 33% because of steady growth during the Clinton years (1992-2000) even though Clinton started out in 2000 with a deficit. The $450 billion is from lower tax payments because of the 2008 economic crisis followed by recession which would be reversed with restored GDP growth. The $150 billion is from payments such as unemployment insurance, food stamps, to cushion the effects of that crisis and the recession, which would be reversed with restored economic growth.
Grouped Articles
New York Times 09/06/2011
New York Times 09/08/2013
Bush Tax Cuts: Now That's Rich
New York Times 08/22/2010
New York Times 10/10/2010
Strong Dollar Stands in Manufacturing Sector’s Way
Wall Street Journal 03/16/2015
Dollar’s Rise Poses Risk for Fed Plans
Wall Street Journal 01/27/2016
Growing Risks for the U.S. Economy in 2010-2012.
01/04/2010
Risks of another hit from losses on home equity loans to bank balance sheets in latter part of 2010. The situation with local and state governments in the USA cutting back significantly. The situation in Europe and an overheating Chinese economy.
Grouped Articles
The Home-Equity Hurt Ahead for Banks
BusinessWeek 04/14/2010
Beware a Bernanke-Fueled Market Bubble
BusinessWeek 05/13/2010
Don't Rule Out a Double Dip Recession
Wall Street Journal 05/24/2010
Wall Street Journal 05/22/2010
Real Disposable Income: Bad News for Democrats?
BusinessWeek 06/03/2010
Wall Street Journal 06/12/2010
A new Industrial Policy for the U.S. after 2010 and the Economic Crisis.
02/08/2010
Hofmeister and others call for a new Industrial Policy for the USA.
Grouped Articles
How to Fix the Economy: An Expert Panel
BusinessWeek 09/16/2010
The U.S. Needs an Industrial Policy
Wall Street Journal 02/08/2010
New York Times 10/10/2010
The U.S. Economy: Stuck in Neutral
BusinessWeek 10/14/2010
Washington Post 09/06/2011
Stimulus and the Depression: The Untold Story
Wall Street Journal 09/26/2011
We took a different way to help millions around the world build educated informed mindsets that affects and shapes their lives. For a future that is open, global and digital, with everyone having access to high quality information. We believe in the renewal of America, renewal of Europe, the renewal of India, the rest of Asia, Latin America and Africa. The renewal of our supply chains, health, education, infrastructure, as we rebuild our countries after the pandemic. Literacy and knowledge we believe cannot thrive and grow in a world of web bots, web crawlers, or AI. This requires human curiosity, human learning, and human imagination. We take as inspiration the saying- “One has to be free, and as broad as sky. One has to have a mind that is crystal clear, only then can truth shine in it.” Every contribution whether big or small is precious- in this crisis and ahead.
Support Lyrarc from as small as $1
Terms and Conditions | Copyright Policy | Privacy Policy | Contact Us