tag:blogger.com,1999:blog-7169279.post2164139043535095212..comments2023-11-24T03:20:02.361-07:00Comments on Tufte's Economics Classes Blog - A Living Textbook: Has the Stimulus Bill Earned its Title?Dr. Tuftehttp://www.blogger.com/profile/17397586052171706438noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-7169279.post-74195666684371609792010-03-30T13:41:32.881-06:002010-03-30T13:41:32.881-06:00This article brings up a couple of good insights. ...This article brings up a couple of good insights. Yes the bill will help things in the short run, but in the long run it could turn into a bit of trouble. The possibility of decreasing GDP in the future. Now, I do not know if it will decrease it by the number it gives, but I do see the possibility of it decreasing. Here is the link to the article that I found. http://www.washingtontimes.com/news/Matthewhttps://www.blogger.com/profile/10833482454779470444noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-76541047083117491002010-03-25T21:36:32.711-06:002010-03-25T21:36:32.711-06:00The article notes that banks aren't willing to...The article notes that banks aren't willing to lend because they fear government programs that would allow people to not pay back loans among other things. The existence of such programs could certainly cause banks to limit lending and mean that the stimulus bill's intended effect wouldn't occur but it also seems to imply that a stimulus bill could actually be effective in the Spencerhttps://www.blogger.com/profile/08522831710747409468noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-61895987412010096292010-03-15T22:00:43.617-06:002010-03-15T22:00:43.617-06:00Logan is correct that Sowell is not exactly an Oba...Logan is correct that Sowell is not exactly an Obama supporter.<br /><br />Eric is also correct - at worst it doesn't hurt for the government to be doing something since it does encourage others to follow suit. There's some empirical evidence to support this.<br /><br />Extensions on growth models like we're doing in class show that changes in fiscal policy do have effects, but that Dr. Tuftehttps://www.blogger.com/profile/17397586052171706438noreply@blogger.comtag:blogger.com,1999:blog-7169279.post-60508693754478161742010-03-15T21:00:40.942-06:002010-03-15T21:00:40.942-06:00As the article stated stimuluses (stimuli?) are me...As the article stated stimuluses (stimuli?) are meant to "prime the pump" and get people and businesses spending. Its possible that by simply starting a stimulus package the government is able to get peoples confidence in the economy going. People seem to think that just because the government is doing something its good for the economy.Erichttps://www.blogger.com/profile/08026912382201242262noreply@blogger.com