You are currently browsing the Armchair Economist weblog archives for the day February 16, 2008.
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- April 3, 2008: Katrina hero: Wal-Mart
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Archive for February 16, 2008
On stimulus
February 16, 2008 by Tom Armstrong.
From TCS Daily. Outtake:
“The money has to come from somewhere. If you raise taxes to fund the plan, the people who are taxed are poorer and they’ll spend less. If you borrow money to fund the plan, the people who buy the government bonds have less money to spend and that offsets the stimulus. It’s like taking a bucket of water from the deep end of a pool and dumping it into the shallow end. Funny thing<the water in the shallow end doesn’t get any deeper.”
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A Democrat for tax cuts
February 16, 2008 by Tom Armstrong.
Watch a Democrat expound the virtues of tax cuts.
Posted in General post | 1 Comment »
Obama and the 2nd Amendment
February 16, 2008 by Tom Armstrong.
Obama on the 2nd Amendment.
HT: Glenn Reynolds
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Bank panics and the Great Depression
February 16, 2008 by Tom Armstrong.
The Great Depression may be ancient history but interest in the subject is enjoying a revival, including at the Federal Reserve, now chaired by self-described “Great Depression buff” Ben Bernanke.
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