Barack Obama
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Bit by bit we're getting information on the
Obama stimulus plan, enough to start making back-of-the-envelope estimates
of impact. The bottom line is this: we're probably looking at a plan that will shave less than 2 percentage points off the average ...
The long-held assumption that US assets - particularly
government bonds - are a safe haven will soon
be overturned as investors lose their patience with the world's biggest economy, according to Willem Buiter. Professor Buiter, a former Monetary ...
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Barack Obama Latest Blog Posts (more)
One Trillion A Year?
12 minutes ago at The Market Ticker
Obama Joins Exclusive Lunch Club
52 minutes ago at Breaking News: CBSNews.com
Dreaming Of Deficits
2 hours ago at Daily Markets
What to do about Cuba
2 hours ago at Two Weeks Notice
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The incoming Obama administration and Congress are planning
a huge fiscal stimulus package. They hope that such
a stimulus will catalyze an economic turnaround and be a cornerstone of a "New New Deal." If the early reports are reliable, the stimulus will include a huge tax cut and will fund projects like road-building and bridge repair, laying the infrastructure foundation for the economy of the future. read more
01/06/09 Investors are looking toward the Obama inauguration
but the markets will likely lack directions for a
few months.
I suppose I should start this by saying
that it’s hard not to like Art Laffer. He’s
affable and sincere. His extreme supply-side ideas are kind of quaint and even entertaining. Last night he was on Fast Money, but his comments ...
GOP Asked to Help Design Bill; $300 Billion
in Tax Cuts Sought Washington Post Staff Writers Tuesday,
January 6, 2009; Page A01
New Mexico Gov. Bill Richardson held a brief
news conference about his decision to withdraw his nomination
for Commerce Secretary, but refused to answer questions about a federal investigation into his political donors.
President-elect Barack Obama declared the national economy was
'sick' Monday as he began crisis talks with congressional
leaders on emergency action. Mark Smith reports from The White House.
A $300Bn Tax cut! That’s the word in
the WSJ this morning as Obama-mania sweeps the investor
class. That goes a long way to explaining what the catalyst was for last week’s rally - we knew we were going to be getting a run-up ...
Jonathan Weisman and Naftali Bendavid report: President-elect Barack
Obama and congressional Democrats are crafting a plan to
offer about $300 billion of tax cuts to individuals and businesses, a move aimed at attracting Republican support for an ...
Leon Panetta, former House Budget Committee chairman, former
OMB director, former White House chief of staff, and
former California congressman has been nominated by President-elect Obama to be the next director of the CIA. I've known Leon for more than two decades. If you're looking for ...
President-elect Barack Obama's planned economic stimulus package may
contain provisions that will allow wealthy venture capitalists to
receive billions of dollars in federal contracts earmarked for small businesses, according to a California-based group that advocates for small business.
Wall Street began the first trading week of
the year with worry about what the year will
hold for profits. Those concerns offset optimism that President-elect Obama was planning to ask for $310 billion in tax cuts as part of a massive stimulus. Apple's Steve Jobs announced he would remain as CEO.
Fellow students at their new, ultra-elite school in
Washington say the hubbub over their presence is likely
to subside in a hurry.
[Obama Eyes $310 Billion Tax Cut] Getty Images
President-elect Barack Obama and congressional Democrats are crafting a
plan to offer as much as $310 billion of tax cuts.
I don't know yet. But news reports this
morning certainly raise questions. Let's lay out the basics
here. Other things equal, public investment is a much better way to provide economic stimulus than tax cuts, for two reasons. First, if the government ...
Record-high U.S. budget deficit? Declining corporate earnings? Unemployment
likely to rise through at least May? Don't mention
those potential scenarios to the foreign exchange, as currency traders sent the dollar rocketing higher versus the euro ...
The Wall Street Journal has sent a news
alert that says that Obama is mulling a stimulus
plan that will rely more heavily on tax cuts than initially envisaged as a way to win needed Republican support. The Journal says tax cuts could be as much as ...
The breaks for workers and businesses are nods
to critics who are worried that the economic recovery
program has been too focused on government spending. >
Dr. Holdren, now a physicist at Harvard, was
one of the experts in natural resources whom Paul
Ehrlich enlisted in his famous bet against the economist Julian Simon during the "energy crisis" of the 1980s. Dr. Simon, who disagreed ...
On Page 2 ...
- Video: Factory Activity Hits 28-year Low
- State Workers Fight Over Cutbacks as States Want More From Obama
- Obama Says U.S. Must Act Swiftly to Address Economy (Update1)
- Why 2009 Will be Worse than 2008
- ETF Update: The Debate over Health Care
- Does Amity Shlaes Even Know How to Be Honest?
- Blagojevich Appoints Obama's Successor
- WSF Headline Roundup - 12/29/08 - Rohm & Haas deal in trouble $ROH; IndyMac finally sold?; Pound drops to record low vs euro; Unions looking for payback from Obama for their support; Steel industry production gloom; Retail gloom
- October home prices fall across USA: 14 metro areas set records
- Obama the 'Magic Negro' - Los Angeles Times
- Blagojevich snubs Senate, taps Burris for seat
- Lawrence Summers - Mr. Obama's Stimulus Plan Must Aim for Long-Term Results
- Obama Tax Cuts Likely Soon
- RNC candidate distributes controversial Obama song
- Op-Ed Columnist - Barack Be Good
- Op-Ed Columnist: Barack Be Good
- Illinois Governor Arrested!
- Blagojevich arrested on federal charges
- Illinois Governor busted over alleged corruption charges, including trying to financially benefit from Obama's senate vacancy, also over threats to the Tribune
- Obama Senate Seat For Sale? - December 9, 2008











Stimulus arithmetic (wonkish but important)