Stimulus package, its image, and what the experts say.

With as much media coverage as the stimulus package has been receiving, where are the experts? Why so much emphasis on conservative dogma? The record needs to be set straight.

Nobel Memorial Prize winner in Economics Paul Krugman has some wisdom to pass on...where was their coverage of this?

http://www.rollingstone.com/politics/story/25456948/what_obama_must_do

To list a few voices in economics that also believe in spending in the stimulus plan, at the very least the benefits of spending over tax cuts:

Mark Zandi (you'll recall that he was McCains economic advisor) believes in the benefits of spending over tax cuts:

http://firedoglake.com/2009/01/09/obama-inspires-confidence-but-the-stimulus-...

Joseph Stiglitz - Columbia University, Nobel Memorial Prize in Economics:

http://www.ft.com/cms/s/0/a78e69a4-e30d-11dd-a5cf-0000779fd2ac.html?nclick_ch...

James Galbraith (BA from Harvard, Ph.D from Yale in economics)
Dean Baker (co-director Center for Economic and Policy reserach, economist, first to point out housing bubble)
Eileen Applebaum (Rutgers University's Center for Women and Work, economist

http://www.huffingtonpost.com/2009/02/09/is-stimulus-too-small_n_165076.html

J. Bradford DeLong (economist UC Berkley, former Deputy Assistant Secretary of the US Dept. of Treasury)

http://delong.typepad.com/sdj/2009/01/the-obama-fiscal-boost-a-note.html

Category:

News & Politics

Tags:

• obama
• cnn_money
• stimulus_plan
• stimulus
• spending
• economy
• media
• comment
• opinion
• republican

[nicazzo]

Krugman couldn''t even predict the crisis... expert... lol!!

[norskemann1]

you know that when you get a stimulus package they just take it out of your tax return right? It just costs extra to distrubute it twice and it is horribly inefficient that way. I think those "naysayers" you were talking about were truthsayers.

[ChrisGilliam39]

Kid, just because someone wins a prize it doesn't mean their ideas are correct. Listen to the Jim Rogers, Marc Faber, and Peter Schiff. They are doers. The guys with the fancy titles and prizes got them by telling each other how great they are, not from real world performance.