Economic Indicators Pose Challenge to Obama Sales Pitch

President Obama wants voters to focus on the good and block out the bad as he and his economic team try to build confidence in their ability to jolt the economy out of neutral. Read more at Fox News... Read More......

Not All Stimuli Are Created Equal

The best plan is a cut in the payroll tax.
The Weekly Standard, Volume 014, Issue 16
By Lawrence B. Lindsey
January 5, 2009

"When it comes to fighting recessions, there's a tendency to see "fiscal stimulus" packages as wasteful, as a form of "throwing money at the problem." The critics have a point. But the conclusion that therefore we should do nothing is also wrong. Instead, careful attention should be paid to the details. Just as a family pinched for cash might find borrowing for the purchase of a new car or appliance prudent while taking a vacation in Las Vegas wouldn't be, some government programs to combat recession make sense while others do not." Read more at The Weekly Standard... (h/t: Sen. Jon Kyl R-AZ) Read More......