Saturday, Jan. 24, 2009
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The Economic Crisis
Click On The Play Buttons To Watch Videos On How Lawmakers & The White House Have Addressed The Financial Crisis. Scroll Down To See National Journal's Coverage.
J.D. Foster: "The centerpiece of an effective policy is to extend for at least 3 years, and preferably for a longer period, current tax policy."
John S. Irons: "We cannot forget about the need to repair and improve our nation’s schools. At least an additional $127-322 billion is needed."
Q: What If There Is No Auto Bailout?
Edward Leamer: "A cash infusion would make sense if at the end of the tunnel there were some bright new green world for the auto sector to enjoy. But that is a fool’s pursuit."
Alan J. Auerbach: "Simply delaying bankruptcy filings will make the ultimate cost of industry transition more expensive, as potential automobile purchasers continue to desert the Big 3 manufacturers."
Q: Is The Deficit A Threat To A Future Recovery?
Martin Regalia: "I am not overly concerned about negative effects stemming from a temporary increase in the deficit, especially in such an unusual time period."
James K. Galbraith: "Right now and for the immediate future, the budget deficit is the only source of demand that can fuel a recovery. Our present problem is not that it is too big, but that it is too small."
More debates:
A Payroll Tax Holiday?
Should Washington Bail Out Detriot?
Is Obama's Tax Plan A Good Recession-Fighting Stimulus?
Should All Solutions Require A Mortgage Bailout?
What Should the Stimulus Plan Contain?
The Economic Crisis: Washington's Sad Triumph
Saturday, Jan. 24, 2008As in the 1930s, D.C. will hold the nation's focus, and its power, for the next few years.
Stimulus To Provide A Health Care Transfusion
Saturday, Jan. 17, 2008Funds planned for the stimulus package are aimed at more than easing the pain of the unemployed.
Obama Tax Cuts Meet With Skepticism
Saturday, Jan. 10, 2008A chorus of economists question whether temporary tax relief will convince consumers to open their wallets.
Flawed Help For The Jobless
Saturday, Dec. 13, 2008Unemployment benefits don't reach many people who need them. Changes remain on the back burner.
Recession's Impact On Illegal Workers Hard To Gauge
Saturday, Dec. 13, 2008The interaction between illegal immigration and unemployment is poorly understood. The impact of a recession on unauthorized workers is clearer: They lose.
G-20 Summit Just a Down Payment
Saturday, Nov. 15, 2008Reforming the world financial system is likely to take years, not months.
New Milestone Looms: The Trillion-Dollar Deficit
Saturday, Nov. 1, 2008Declining revenue and the soaring costs of shoring up the economy could push the budget into new territory.
Rust Belt Survivors Find New Ways To Shine
Saturday, Nov. 1, 2008Butler County, Pa., is proof that there is life after near-death for an industrial steel center in the Northeast.
Suburban Community Gets In The Fast Lane
Saturday, Nov. 1, 2008Cranberry Township uses its location and a new appreciation of planning to power its growth.
States' Pain Spreads Beyond Subprime Shakeout
Saturday, Oct. 25, 2008Two-thirds of the states now have declining economies, and their budgets are feeling the pinch.
Bush And Successor May Have To Work Together
Saturday, Oct. 25, 2008Can an international financial summit make progress during a presidential transition?
Despite Crisis, Bush's Legacy Isn't Written Yet
Saturday, Oct. 18, 2008The financial meltdown has sent Bush's approval ratings near Truman's record low.
Dissecting A Complete System Breakdown
Saturday, Oct. 11, 2008New Jersey's governor, a former senator and CEO of Goldman Sachs, discusses the financial crisis and Paulson's performance as Treasury secretary.
What's The Worst That Could Happen To The Economy?
Saturday, Oct. 4, 2008If financial doomsday struck, credit would dry up, businesses would shut down, and capital spending would screech to a halt.
Choose Your Culprit
Saturday, Oct. 4, 2008Democrats, Republicans, and Wall Street cite different factors for the financial crisis.