economicstimulus http://mrc.org/taxonomy/term/14465/all en MSNBC's O'Donnell Begs Congressman to Denounce Rush Limbaugh http://mrc.org/articles/msnbcs-odonnell-begs-congressman-denounce-rush-limbaugh <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/jeff-poor">Jeff Poor</a> </div> </div> </div> <p >President Barack Obama wants congressional Republicans to stop listening to Rush Limbaugh. MSNBC’s chief <st1:state w:st="on"><st1:place w:st="on">Washington</st1:place></st1:state> correspondent Norah O’Donnell even asked one congressman to take it a step further.</p><p><a href="http://mrc.org/articles/msnbcs-odonnell-begs-congressman-denounce-rush-limbaugh" target="_blank">read more</a></p> Articles MRC Business Economy BarackObama economicstimulus Mikepence MSNBC NancyPelosi Newdirection NorahO'Donnell Racism RushLimbaugh StimulusPackage Wed, 28 Jan 2009 22:39:58 +0000 admin 26986 at http://mrc.org Dear Washington Times: Rhetoric of 'Doom' http://mrc.org/correcting-record/dear-washington-times-rhetoric-doom <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/donald-j-boudreaux-phd">Donald J. Boudreaux, Ph.D.</a> </div> </div> </div> <p >Editor, The <st1:state w:st="on"><st1:place w:st="on">Washington</st1:place></st1:state> Times</p> <br /> <p >Dear Editor:</p><p><a href="http://mrc.org/correcting-record/dear-washington-times-rhetoric-doom" target="_blank">read more</a></p> Correcting the Record MRC Business BarackObama DonaldBoudreaux economicstimulus H.L.Mencken politicsoffear WashingtonTimes Mon, 12 Jan 2009 14:43:11 +0000 admin 30086 at http://mrc.org Paul 'It's Never Enough' Krugman Strikes Again http://mrc.org/articles/paul-its-never-enough-krugman-strikes-again <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/tom-blumer">Tom Blumer</a> </div> </div> </div> Nobel laureate on arcane trade matters, <a href="http://web.mit.edu/krugman/www/eman.html" />former Enron adviser</a>, and New York Times columnist Paul Krugman is at it again. <p>In <a href="http://www.nytimes.com/2009/01/09/opinion/09krugman.html?_r=1" />his latest Times column</a> ("The Obama Gap"), he chides President-elect Barack Obama for not being ambitious enough in his stimulus plan, and, heaven forbid, for including tax cuts in the mix. He complains that Obama is only committing to much less than half of what's necessary.</p> <p>Brace yourself:</p><p><a href="http://mrc.org/articles/paul-its-never-enough-krugman-strikes-again" target="_blank">read more</a></p> Articles MRC Business Economy BarackObama economicstimulus NewYorkTimes PaulKrugman publicspending taxcuts Fri, 09 Jan 2009 19:39:05 +0000 admin 27015 at http://mrc.org Nobel Prize Economist: Obama's Stimulus 'Not Enough' http://mrc.org/articles/nobel-prize-economist-obamas-stimulus-not-enough <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/jeff-poor">Jeff Poor</a> </div> </div> </div> <p >While economic stimulus fever is sweeping the nation one cable news channel at a time, some are skeptical it won’t do anything – because it isn’t large enough.</p> <br /> <p >Joseph Stiglitz, winner of the 2001 Nobel Prize in Economic Science and the most cited economist in the world <a href="http://ideas.repec.org/top/top.person.all.html" />according to a Research Papers in Economics/University of Connecticut December 2008 study</a>, told Bloomberg TV on Jan. 8 it will fall short.</p><p><a href="http://mrc.org/articles/nobel-prize-economist-obamas-stimulus-not-enough" target="_blank">read more</a></p> Articles MRC Business Economy BarackObama deficitspending economicstimulus GOP JosephStiglitz NobelPrize TaxCut taxrebate Thu, 08 Jan 2009 20:38:07 +0000 admin 27017 at http://mrc.org Obama Stimulus: $1 Trillion, 600,000 Government Jobs and Few Media Questions http://mrc.org/articles/obama-stimulus-1-trillion-600000-government-jobs-and-few-media-questions <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/jeff-poor">Jeff Poor</a> </div> </div> </div> <p>The words “economic stimulus” have a certain appeal to them because, after all, who wouldn’t want the economy to be stimulated? </p><p>&nbsp;</p> <p>But, as the country is nearing his inauguration on Jan. 20 and the inevitability of President Barack Obama’s stimulus project looms, many in the news media have neglected to determine the who, what, when, where, why and how much aspects of the stimulus.</p><p>&nbsp;</p><p><a href="http://mrc.org/articles/obama-stimulus-1-trillion-600000-government-jobs-and-few-media-questions" target="_blank">read more</a></p> Articles MRC Business Economy Government BarackObama ChuckTodd CNBC deflation economicstimulus FastMoney FoxNewsChannel GreatDepressionII JakeTapper Japan jobsaved/created KarlRove krugman MattLauer NBC NightlyNews ObamaStimulus peterschiff taxholiday TheWallStreetJournal Wed, 07 Jan 2009 21:11:06 +0000 admin 27021 at http://mrc.org Dear WSJ: Economic Snake Oil Not Stimulating http://mrc.org/correcting-record/dear-wsj-economic-snake-oil-not-stimulating <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/donald-j-boudreaux-phd">Donald J. Boudreaux, Ph.D.</a> </div> </div> </div> <p>Editor, The Wall Street Journal</p> <p>200 Liberty Street</p> <p>New York, NY 10281</p> <br /> <p>To the Editor:</p> <p>Brian Riedl is correct: economic-stimulus packages are economic snake oil ("<a href="http://online.wsj.com/article/SB122663413095027641.html" />Why Spending Stimulus Plans Fail</a>," Nov. 14). Because money given by government to Jones MUST be taken from Smith, Jones's extra spending is offset by Smith's reduced spending. The great 19th century French economist Frederic Bastiat explained the matter brilliantly in his essay "What Is Seen and What Is Not Seen:"</p><p><a href="http://mrc.org/correcting-record/dear-wsj-economic-snake-oil-not-stimulating" target="_blank">read more</a></p> Correcting the Record MRC Business BrianRiedl DonaldBoudreaux economicstimulus FredericBastiat WallStreetJournal Fri, 14 Nov 2008 14:59:10 +0000 admin 30025 at http://mrc.org $168-Billion Stimulus 'Too Little, Too Late,' Says Burnett on NBC http://mrc.org/articles/168-billion-stimulus-too-little-too-late-says-burnett-nbc <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/nathan-burchfiel">Nathan Burchfiel</a> </div> </div> </div> <p>&nbsp;&nbsp;&nbsp;&nbsp; The U.S. Congress on Thursday approved a $168-billion “economic stimulus” plan that will issue tax rebate checks to millions of taxpayers. The plan, which exceeded original expectations of $145 billion, provided the media with another opportunity to question – not whether the stimulus would do any good, but whether it was big enough.</p><p>&nbsp;</p><p><a href="http://mrc.org/articles/168-billion-stimulus-too-little-too-late-says-burnett-nbc" target="_blank">read more</a></p> Articles MRC Business Economy Government billion check CNBC economicstimulus ErinBurnett financial package rebate tax Fri, 08 Feb 2008 20:21:43 +0000 admin 26383 at http://mrc.org 'American Morning' Gives the Super Bowl 'a Pass' for Consumers 'Feeling the Pinch' http://mrc.org/articles/american-morning-gives-super-bowl-pass-consumers-feeling-pinch <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/jeff-poor">Jeff Poor</a> </div> </div> </div> <p>&nbsp;&nbsp;&nbsp;&nbsp; It flies in the face of conventional wisdom – spending money on things that you can’t afford, whether the economy is expanding, flat or contracting. </p><p>&nbsp;</p> <p>&nbsp;&nbsp;&nbsp;&nbsp; However, CNN “American Morning” didn’t quite see it that way on January 30. The cable network mentioned retailers were working extra hard to get customers to buy things, but didn’t have a problem with an unemployed woman buying a flat screen TV.</p><p>&nbsp;</p><p><a href="http://mrc.org/articles/american-morning-gives-super-bowl-pass-consumers-feeling-pinch" target="_blank">read more</a></p> Articles MRC Business Economy AlinaCho AmericanMorning CNN debt economicstimulus superbowl Wed, 30 Jan 2008 21:17:23 +0000 admin 26405 at http://mrc.org ElectionWatch: Hey Big Spender! Media Fail to Report Cost of Campaign Promises http://mrc.org/articles/electionwatch-hey-big-spender-media-fail-report-cost-campaign-promises <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/nathan-burchfiel">Nathan Burchfiel</a> </div> </div> </div> <p >     Campaign promises are a rite of passage for presidential hopefuls. If you can promise enough people you’ll give them what they want, you just might have a chance at getting elected. But how much do these promises cost and how would we pay for them? </p><p><a href="http://mrc.org/articles/electionwatch-hey-big-spender-media-fail-report-cost-campaign-promises" target="_blank">read more</a></p> Articles MRC Business Economy 2008election BarackObama campaignpromises economicstimulus HeadStart healthcare HillaryClinton MikeHuckabee MittRomney RudyGiuliani Wed, 30 Jan 2008 19:32:19 +0000 admin 26406 at http://mrc.org Which Candidate Will Pay the Most for My Vote? http://mrc.org/commentary/which-candidate-will-pay-most-my-vote <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/amy-menefee">Amy Menefee</a> </div> </div> </div> <p >     What’s messier and more shameless than candidates campaigning to save the economy? Media coverage of that economy – the one all the candidates want to “stimulate.” The media coverage that’s driving people’s votes.</p> <br /> <p >     Despite journalists and politicians’ gloomy outlook, two-thirds of Americans say their own finances are “secure,” according to a recent Los Angeles Times/Bloomberg poll. </p><p><a href="http://mrc.org/commentary/which-candidate-will-pay-most-my-vote" target="_blank">read more</a></p> Commentary MRC Business 2008election economicstimulus economy governmentspending TheWashingtonPost Wed, 30 Jan 2008 16:40:23 +0000 admin 29738 at http://mrc.org Media Stimulate Recession and Tax Rebate Frenzy by Twisting Fed Chairman's Words http://mrc.org/articles/media-stimulate-recession-and-tax-rebate-frenzy-twisting-fed-chairmans-words <div class="field field-type-nodereference field-field-source"> <div class="field-items"> <div class="field-item odd"> <div class="field-label-inline-first"> By</div> <a href="/author/nathan-burchfiel">Nathan Burchfiel</a> </div> </div> </div> <p >     On the day after Federal Reserve Chairman Ben Bernanke sat before Congress and said the Fed is “not forecasting a recession,” CBS’s Bianca Solorzano reported on the “Early Show” that “Bernanke confirmed recession fears.”</p> <br /> <p >     Brian Williams declared on the January 17 “NBC Nightly News” that “There is no shortage of evidence showing a U.S. economy either already in recession or heading there.”</p><p><a href="http://mrc.org/articles/media-stimulate-recession-and-tax-rebate-frenzy-twisting-fed-chairmans-words" target="_blank">read more</a></p> Articles MRC Business Business Economy Media Bernanke bush check congress economicstimulus Fed Recession TaxCut taxrebate Wed, 23 Jan 2008 18:54:13 +0000 admin 26422 at http://mrc.org