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AEI on the Economic Crisis and the Stimulus
By Alex J. Pollock
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Congressional Oversight Panel of the Troubled Asset Relief Program (TARP)
Thursday, November 19, 2009
The Troubled Asset Relief Program should be run like a business with a goal of returning as much of the involuntary investment as possible to its owners--the taxpayers--along with a reasonable overall profit.
[Read more]
In the face of the worst jobless rate in twenty-six years, the Obama administration and congressional Democrats do not seem to realize that adopting bad policies kills jobs.
[Read more]
Washington spent almost $68 billion more on education in fiscal 2009 than it otherwise would have. What has the economic-stimulus funding actually bought?
[Read more]
Work-sharing would do the trick. The sad fact is, the labor market is still bleeding jobs. German medicine might help.
[Read more]
After having observed financial regulation fail time after time, its adherents still believe that it will work next time if we just make it more pervasive and more intrusive.
[Read more]
Despite reassurances about the fiscal stimulus package last February, the U.S. economy has lost around 3.5 million jobs since the start of 2009.
[Read more]
The White House announced that the stimulus package has "saved or created" more than 1 million jobs. Yet we learned that unemployment increased to 10.2%. How can anyone know that his or her job has been saved?
[Read more]
Judging by the all too many economic flashpoints around the globe, the Australian Reserve Bank's bet on a V-shaped global recovery would seem to be anything but a sure thing.
[Read more]
Wherever else the status quo ante may reign, the Obama administration has brought change to the tradition of sending foreign dignitaries home with lovely parting gifts.
[Read more]
The U.S. government must act decisively to rectify its unsustainable fiscal position.
[Read more]
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Sunday, November 22, 2009
