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Why the Stimulus Failed
Keywords:
Tags: Current Focus,
Reasons why the U.S. Stimulus spending failed to give the economy the boost it needed.
John Taylor and other experts on the U.S. budget, deficits, and private investment for jobs
01/27/2009
Taylor asks why the U.S. cannot get by on a budget that is 20% of GDP, when this is what the budget was in 2007 and GDP is much larger today. He says private investment can do a better job reducing unemployment and creating a growing U.S. economy. Taylor provides advice on the Romney Plan.
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Bhidé and Phelps: Central Banking Needs Rethinking
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Obama's Permanent Spending Binge
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Five Lessons for Deficit Busters
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Wall Street Journal 06/27/2011
Charlie Rose Talks to Robert Rubin
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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.
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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
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Cutbacks at the state and local level and tax increases to offset much of the Stimulus impact in the USA.
07/28/2008
Much of the Stimulus impact may be eroded by the cutbacks at state and local levels.
Grouped Articles
Funds for Highways Plummet As Drivers Cut Gasoline Use
Wall Street Journal 07/28/2008
Facing Deficits, States Get Out Sharper Knives
New York Times 11/17/2008
Gov. Paterson to Propose $4 Billion in Taxes and Fees to Close Deficit
New York Times 12/15/2008
States Squeeze Cities, Spreading the Economic Pain
Wall Street Journal 12/18/2008
Jon S. Corzine - A Bold Stimulus Package -- $1 Trillion Bold -- Is Needed
Washington Post 12/24/2008
Budget Woes Hit Mass Transit as Tax Revenue Falls
Wall Street Journal 03/20/2009
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
Capital investments and job creation by American companies in 2010-2011
01/01/2011
This varies by industry and companies. Companies with operations and opportunities in emerging markets are making large investments, whereas companies in the US market and dependent on US consumers are more cautious. Companies are also using some of the accumulated cash to make dividend payments.
Grouped Articles
The Next First (and Only) 100 Days
New York Times 12/10/2011
Big Firms Poised to Spend Again
Wall Street Journal 01/01/2011
Wall Street Journal 06/28/2011
Wall Street Journal 09/08/2011
New York Times 01/26/2012
New York Times 01/28/2012
How the U.S. went from a CBO surplus projection of $2.3 trillion for 2011 to a deficit figure $12.7 trillion below that estimate
01/16/2009
The CBO projection was made in 2001 and showed a surplus of $2.3 trillion for 2011. Two wars, higher defense spending added about $2 trillion. The Stimulus about $700 billion. Figures from the analysis done by the Pew Fiscal Analysis Initiative using CBO numbers.
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CBO | The Budget and Economic Outlook: 2014 to 2024
Unknown 02/05/2014
Washington Post 08/07/2011
Tom Keene Talks to Robert Skidelsky
BusinessWeek 07/28/2011
Why the Debt Crisis Is Even Worse Than You Think
BusinessWeek 07/27/2011
New York Times 08/13/2011
Forecast Clouds Debt-Cut Outlook
Wall Street Journal 08/25/2011
How the Obama Stimulus and Tax Cuts are being fashioned to get the most punch- 2008-2009
11/25/2008
The tax cuts of $300 billion to business and individuals will form part of the stimulus spending of some $800 billion. The idea is to get the money where its needed to help unemployment and the middle class without wasteful spending.
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New York Times 09/06/2011
New York Times 02/15/2009
Obama Calls His Budget Needed Change
New York Times 03/01/2009
Can Obama Keep New Jobs at Home?
BusinessWeek 11/25/2008
Jon S. Corzine - A Bold Stimulus Package -- $1 Trillion Bold -- Is Needed
Washington Post 12/24/2008
For Stimulus Plan, Obama Team Weighing 'Green' Jobs vs. Traditional Projects
Washington Post 12/24/2008
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