Look: I am eager to learn stuff I don't know--which requires actively courting and posting smart disagreement.

But as you will understand, I don't like to post things that mischaracterize and are aimed to mislead.

-- Brad Delong

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Everything that appears on this blog is the copyrighted property of somebody. Often, but not always, that somebody is me. For things that are not mine, I either have obtained permission, or claim fair use. Feel free to quote me, but attribute, please. My photos and poetry are dear to my heart, and may not be used without permission. Ditto, my other intellectual property, such as charts and graphs. I'm probably willing to share. Let's talk. Violators will be damned for all eternity to the circle of hell populated by Rosanne Barr, Mrs Miller [look her up], and trombonists who are unable play in tune. You cannot possibly imagine the agony. If you have a question, email me: jazzbumpa@gmail.com. I'll answer when I feel like it. Cheers!

Thursday, September 23, 2010

The Stimulus was actually Quite Stimulating

I love graphs and data.  And since I'm reality based, I also appreciate that real world data is consistent with my view of the world.

The Center on Budget and Policy Priorities offers a graphic look at the effects of the stimulus package, along with some speculation of what would have happened without it.   Find it here.

The bottom line is that for being too small, partly wasted on totally ineffective tax cuts, and, one might argue, poorly targeted, the stimulus package probably prevented – or at least deferred – a collapse into GD II.

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