“A million trillion here, a million trillion there; pretty soon you’re talking about real money.” — Everett Dirksen $2 TRILLION? White House’s $2.5 trillion plan draws criticism over lack of details. By EDMUND L. ANDREWS and STEPHEN LABATON, New York Times WASHINGTON – The White House plan to rescue the nation’s financial system, announced Tuesday [...]
Megan McArdle writing in The Atlantic… It seems to me that the burden of proof ought naturally to be on the stimulus proponents to satisfy the public that their highly theoretical models are basically sound, especially for the parts of the bill that aren’t tax cuts or transfer payments. Let’s recall that the evidence for [...]
I was talking to my sister-in-law the other day and she said her husband, who’s been at his job for more than 20 years, has been bumped back to the night shift by someone with even more seniority. “I’m trying to keep a good attitude about it,” she said, “because, after all, at least it’s [...]
