US 'Economic Stimulus' Budget Review

**Lemur** · 02-07-2009, 23:37

The article is from '03, but it's fascinating. I had no idea Krugman was considered such a lefty! Ranked second only to Ann Coulter for pure partisanship by one survey? Wowsers, that's stern stuff. Thanks for the article. I see he won second place again in '07.

Okay, point taken. He's an anti-Bush shill. Who won the Nobel Prize.

**LittleGrizzly** · 02-08-2009, 00:02

http://www.marginalrevolution.com/ma...rnanke-on.html

Bernanke does suggest that some of the gains came from forced unionization and "efficiency wage" effects and yes that would credit the New Deal.

Look there is disagreement on the issue there were plenty of other economists mentioned in the article, so much so that to call it an historical fact is not accurate

Remarks by Governor Ben S. Bernanke
At the Conference to Honor Milton Friedman, University of Chicago, Chicago, Illinois
November 8, 2002

Those comments made at a conference to honour Friedman don't really invalidate what he said...

**Don Corleone** · 02-08-2009, 00:02

Oh yeah, he won a nobel prize, so he has divinely inspired insights. They NEVER play politics with the award...

**Xiahou** · 02-08-2009, 00:56

Originally Posted by Lemur

Okay, point taken. He's an anti-Bush shill. Who won the Nobel Prize.

Sorta like Al Gore then.

**Major Robert Dump** · 02-08-2009, 02:00

Maybe I'm not looking deep enough into what the depression was. But I always thought that letting food and goods go to waste in warehouses and plowing under perfectly good crops while people starved and went without was a pretty good sign that price fixing was not working and the depression was, in fact, still on.

**Devastatin Dave** · 02-08-2009, 05:21

Originally Posted by Xiahou

Sorta like Al Gore then.

Don't forget about Arafat.

**Lemur** · 02-08-2009, 05:41

Or Henry Kissinger. I take it we're drawing no distinction between the Peace Prize and the ones they give out for scientific disciplines?

-edit-

While we're making big lulz over hippie Swedes and their meaningless awards:

**Lemur** · 02-09-2009, 21:14

I just haven't shared enough pretty charts in this thread ...

**Devastatin Dave** · 02-09-2009, 22:46

Originally Posted by Lemur

I just haven't shared enough pretty charts in this thread ...

Hail Ceasar!!!!

**Xiahou** · 02-09-2009, 22:52

Originally Posted by Lemur

While we're making big lulz over hippie Swedes and their meaningless awards:

That population adjusted? Seeing as how the source is "The office of the Speaker" (Nancy Pelosi), I'm gonna call shenanigans on that one.

Oh noes! Worst recession evar- pass stimulus now!

**KukriKhan** · 02-09-2009, 23:08

In other top news:

POTUS bumps his head (again)

climbing aboard MarineCorps1 (MC1). Yesterday, he startled the the MC1 Marine Guard who was rendering his finest Corps salute, by reaching out to shake the lad's hand and chit-chat a moment. (Note: It always takes these never-been-in-service-before new POTUS's about 6 months to learn how to return a salute; I always wondered why some Command Sergeant Major didn't swing by for a quick lesson).

**Xiahou** · 02-09-2009, 23:23

Originally Posted by KukriKhan

In other top news:

POTUS bumps his head (again)

climbing aboard MarineCorps1 (MC1). Yesterday, he startled the the MC1 Marine Guard who was rendering his finest Corps salute, by reaching out to shake the lad's hand and chit-chat a moment. (Note: It always takes these never-been-in-service-before new POTUS's about 6 months to learn how to return a salute; I always wondered why some Command Sergeant Major didn't swing by for a quick lesson).

Obama also recently tried to enter the Whitehouse through a window- that was mistaken for a door:

Notice the actual door, a few feet off to the right.

**seireikhaan** · 02-09-2009, 23:17

Originally Posted by Xiahou

That population adjusted? Seeing as how the source is "The office of the Speaker" (Nancy Pelosi), I'm gonna call shenanigans on that one.

Oh noes! Worst recession evar- pass stimulus now!

Actually, if you look at the graph, it claims source as Bureau of Labor Statistics. But, of course, I'm sure they're just in on the whole thing, so therefore we can't trust any sources.