Economists discuss the impact of the stimulus on our recession

Summary:  The US economy continues to slow, albeit the rate of decay has slowed.  But the net damage is severe and a recovery soon is imperative — or more “black swans” will appear.   This is the third in a series of posts about the effects of basic automatic stabilizers on the economy during this recession. Why has the … Continue reading Economists discuss the impact of the stimulus on our recession

Everything you need to know about government stimulus programs (read this – it’s about your money)

Summary:  This post gives a brief description of government stimulus programs, based on theory and past experience.  Although there is a strong and broad consensus among economists on these things, it is not unanimous.  And there is debate on about many aspects -- esp how to balance short-term needs and long-term costs.    This is a follow-up to A situation report about the … Continue reading Everything you need to know about government stimulus programs (read this – it’s about your money)