Relevant and even prescient commentary on news, politics and the economy.

What Fiscal Stimulus needs to look like

Fiscal stimulus? All sorts of numbers being tossed around, not sure where they are coming up with them from. But, if we are looking to drive a consumption based economy, it seems to me we have to get money into the hands of the most consumers on a regular basis. Here is what has to […]

President’s Call For Fiscal Stimulus

If the CNN account of what George Bush said today is correct, he misses two important points about what would be the best fiscal stimulus package. The title says Bush called for “broad-based tax relief”. No surprise that he’d call for tax cuts and not spending increased but isn’t broad-based the opposite of targeted? And […]