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Stimulus arithmetic (wonkish but important)
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 ...
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 Willem Buiter warns of massive dollar collapse
Willem Buiter warns of massive dollar collapse
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 ...

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
Overweight Fiscal? (The Obama Economic Plan)
2 hours ago at The Baseline Scenario
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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Robots, Not Roads
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
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Video: Markets Lack Direction
01/06/09 Investors are looking toward the Obama inauguration but the markets will likely lack directions for a few months.
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Laffer-able
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 ...
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 Obama Pitches Stimulus Plan
Obama Pitches Stimulus Plan
GOP Asked to Help Design Bill; $300 Billion in Tax Cuts Sought Washington Post Staff Writers Tuesday, January 6, 2009; Page A01
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Video: Richardson addresses withdrawing nomination
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.
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Video - Obama: Economy 'bad and getting worse'
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.
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 Just Another Manic Monday
Just Another Manic Monday
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 ...
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Obama Goes For Tax Cuts
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 ...
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Panetta At CIA Adds Another Budget Expert To The Obama Cabinet
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 ...
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Group: Obama 'Loophole' Would Steer Funds Toward Big Capitalists, Hurt Small Business
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.
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Video: Profit Worries Offset Obama Plan
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.
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 Obama Girls A Student Here? No Big Deal!
Obama Girls A Student Here? No Big Deal!
Fellow students at their new, ultra-elite school in Washington say the hubbub over their presence is likely to subside in a hurry.
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 Obama Eyes $300 Billion Tax Cut
Obama Eyes $300 Billion Tax Cut
[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.
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Is Obama relying too much on 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 ...
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 Dollar rockets higher vs euro, yen on Obama fiscal stimulus plan
Dollar rockets higher vs euro, yen on Obama fiscal stimulus plan
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 ...
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Obama Considering $310 Billion Tax Cut
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 ...
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 Obama Plan Includes $300 Billion in Tax Cuts
Obama Plan Includes $300 Billion in Tax Cuts
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. >
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Will he usher in a reign of futarchy?
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 ...

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