[B! fiscal policy] Scatterbrainのブックマーク

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fiscal policyに関するScatterbrainのブックマーク (29)

https://www.thefiscaltimes.com/Issues/Taxes/2010/09/17/Bush-Tax-Cuts-No-Economic-Help.aspx
Scatterbrain 2010/09/18
While Republicans are heavily invested in permanently extending the Bush era tax cuts, there is virtually no evidence the tax cuts helped the economy – only raised the deficit.

US

Economy

fiscal policy
リンク
The economic fallacy of 'zombie' Japan | Steven Hill
Japan has been getting a raw deal from the so-called economic experts. Consider this: in the midst of the great recession, the United States is suffering through nearly 10% unemployment, rising inequality and poverty, 47 million people without health insurance, declining retirement prospects for the middle class and a general increase in economic insecurity. Various European nations also are havin
Scatterbrain 2010/08/12
皮肉たっぷりIf the US didn't have such a trickle-down economy that has produced so much inequality – if it was, in fact, better at sharing its wealth – perhaps it wouldn't need so much fiscal stimulus and growth.

US

Economy

fiscal policy

Germany

Japan
リンク
Opinion | The Flimflam Man (Published 2010)
One depressing aspect of American politics is the susceptibility of the political and media establishment to charlatans. You might have thought, given past experience, that D.C. insiders would be on their guard against conservatives with grandiose plans. But no: as long as someone on the right claims to have bold new proposals, he’s hailed as an innovative thinker. And nobody checks his arithmetic
Scatterbrain 2010/08/08
Mr. Ryan’s plan calls for steep cuts in both spending and taxes. He’d have you believe that the combined effect would be much lower budget deficits, and, according to that Washington Post report, he speaks about deficits “in apocalyptic terms.”

US

budget deficit

GOP

fiscal policy
リンク
http://www.thomaspmbarnett.com/globlogization/2010/7/28/the-great-debate-on-too-much-v-not-enough-stimulus.html
Scatterbrain 2010/07/29
Economy

fiscal policy
リンク
Taxophobia
Scatterbrain 2010/07/11
What I take Mankiw et al to be saying is that taxes are really, really, really bad. And taxes on high-income people are really, really, really, really, really, really, really bad. They think that the electorate is joined by leftwing economists in massively underestimating the scale of the badness. A

Economy

fiscal policy
リンク
Hayek: The Back Story (Published 2010)
Credit...Image reproduced from “The Road to Serfdom in Cartoons,” published by General Motors; originally appeared in Look magazine, 1945 It was in the United States, however, that Hayek met with his greatest success — and the most intense hostility. Rejected by several trade publishers, “The Road to Serfdom” was picked up by Chicago, which scheduled a modest print run. It got a boost when Henry H
Scatterbrain 2010/07/11
Economics

Book

fiscal policy
リンク
Greg Mankiw's Blog: Are stimulus skeptics logically incoherent?
Scatterbrain 2010/07/10
he does not believe that the distortionary effects of taxes are particularly large and so they do not figure much into his policy analysis. But many other economists (and I suspect many stimulus-skeptics like the tea-partiers) believe that taxes have significant incentive effects and can prevent th

fiscal policy

Economy

US
リンク
http://modeledbehavior.com/2010/07/03/haggling-for-second-best-policy/
Scatterbrain 2010/07/07
I do think we should be concerned about confidence, and that the small risk of sudden flight from treasuries should be a variable in our optimal policy function, but don’t think these make for a credible case against short-term stimulus.

US

Economy

fiscal policy
リンク
Opinion | A Little Economic Realism (Published 2010)
Scatterbrain 2010/07/07
You can’t read models, but you do talk to entrepreneurs in Racine and Yakima. Higher deficits will make them more insecure and more risk-averse, not less. They’re afraid of a fiscal crisis. They’re afraid of future tax increases. They don’t believe government-stimulated growth is real and la

US

Economy

fiscal policy
リンク
Krugman Is Crude | The Atlantic Wire
Scatterbrain 2010/07/06
“I’m Gonna Haul Out The Next Guy Who Calls Me ‘Crude’ And Punch Him In The Kisser.” This was in response to an article in the Economist that didn’t actually call him crude. It merely accused him of practicing something it called “crude Keynesianism.”

fiscal policy
リンク
Opinion | Myths of Austerity (Published 2010)
Scatterbrain 2010/07/03
What’s the evidence for the belief that fiscal contraction is actually expansionary, because it improves confidence? (By the way, this is precisely the doctrine expounded by Herbert Hoover in 1932.) Well, there have been historical cases of spending cuts and tax increases followed by economic grow

Economy

fiscal policy
リンク
Austerity alarm
Austerity alarmBoth sides in the row over stimulus v austerity exaggerate, but the austerity lobby is the more dangerous ECONOMIC policymaking, like hem lines, has fads. Last year the leaders of the G20 group of big economies led a global Keynesian boost, pledging fiscal stimulus worth a combined 2% of world GDP to prop up demand. At their most recent gathering, in Toronto on June 26th-27th, the cl
Scatterbrain 2010/07/03
The advocates of austerity exaggerate more dangerously still. Those remedies are not available now: interest rates are already low and rich-country currencies cannot all depreciate at once. Without those cushions, fiscal austerity is not likely to boost growth.

Economy

fiscal policy

US

G20
リンク
'Stinginess Is Cool'
Scatterbrain 2010/07/02
きっとドイツ人のDNAには倹約は美徳が刷り込まれてるGermans prefer having their taxes raised and public spending cut: It is hard to imagine a government in any other country overstating the size of an austerity package for the sake of popularity. In Germany, that's precisely what

Economy

Germany

fiscal policy
リンク
Governments Move to Cut Spending, in 1930s Echo (Published 2010)
In his 1932 presidential campaign, Franklin D. Roosevelt vowed to balance the federal budget. Credit...Associated Press The world’s rich countries are now conducting a dangerous experiment. They are repeating an economic policy out of the 1930s — starting to cut spending and raise taxes before a recovery is assured — and hoping today’s situation is different enough to assure a different outcome. I
Scatterbrain 2010/07/01
In an ideal world, countries would pair more short-term spending and tax cuts with long-term spending cuts and tax increases. But not a single big country has figured out, politically, how to do that. Instead, we are left to hope that we have absorbed just enough of the 1930s lesson

Economy

fiscal policy
リンク
Austerity Going Global
Scatterbrain 2010/07/01
So German policy is more irrational than Leonhardt makes it out to be, in my view. Conversely, Chinese policy is more rational than this summary suggests. Chinese economic growth is robust and Chinese inflation worries are grounded in actual changes in the price level

fiscal policy

budget deficits

Economy
リンク
Austerity in Ireland
Scatterbrain 2010/06/30
But the lesson is still clear enough—what gives confidence to investors is prospects for growth, and what countries need to do to instill confidence is to adopt pro-growth policies. The United States can get away with more short-term borrowing, and will ultimately have an easier time paying off th

Ireland

Economy

fiscal policy
リンク
Robert J. Samuelson - Economics: The shaky science
Scatterbrain 2010/06/29
The disconnect between theory and reality seems ominous. The response to the initial crisis was to throw money at it -- to lower interest rates and expand budget deficits. But with interest rates now low and deficits high, what happens if there's another crisis?

Economy

fiscal policy

Politics
リンク
Opinion | The Third Depression (Published 2010)
Recessions are common; depressions are rare. As far as I can tell, there were only two eras in economic history that were widely described as “depressions” at the time: the years of deflation and instability that followed the Panic of 1873 and the years of mass unemployment that followed the financial crisis of 1929-31. Neither the Long Depression of the 19th century nor the Great Depression of th
Scatterbrain 2010/06/28
After all, unemployment — especially long-term unemployment — remains at levels that would have been considered catastrophic not long ago, and shows no sign of coming down rapidly. And both the United States and Europe are well on their way toward Japan-style deflationary traps.

Economy

fiscal policy
リンク
Germany’s Sovereign Debt Non-Crisis
Scatterbrain 2010/06/25
Anyone who thinks Germany is facing a sovereign debt crisis today should have been absolutely freaking out way back in July 2005 when rates were much higher, to say nothing of the great German debt crisis of June 2007 when they were higher still. But of course nobody was doing that. And the fact of

Germany

Economy

fiscal policy
リンク
Germany’s Bad Folk History
Scatterbrain 2010/06/25
As you can see, in the mid-twenties the Weimar Republic’s success in taming inflation fostered an environment in which the Nazis were a marginal and declining political force. It was only the persistence of the Great Depression and sky-high unemployment that gave Adolf Hitler the opportunity to ob

Germany

Economy

fiscal policy
リンク
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