Simply worth noting

Greg Mankiw’s Blog: News Flash: Economists Agree
I do wonder if the percentages will change. #13 is my favorite.
#13 The government should restructure the welfare system along the lines of a “negative income tax. (79%)

This is very worthwhile.

Bill Moyers Journal . Watch & Listen | PBS
A good quote from Simon Johnson:
SIMON JOHNSON: I think it’s quite straightforward, in technical or economic terms. At the same time I recognize it’s very hard politically, okay? What you need to do is the stress test that, actually, Secretary Geithner outlined in his speech on [...]

Right on!

Paul Kedrosky: When Governments Attack ! (Or At Lease Cause Depressions)
The Current Financial Crisis: What Should We Learn from the Great Depressions of the Twentieth Century? – Staff Report 421 – Publications & Papers | The Federal Reserve Bank of Minneapolis
Another good quote from the paper Paul links
The people and the governments of some countries [...]

A great quote from the Financial Times

FT.com / Comment / Opinion – Keynes and the triumph of hope over economics
“…we call for trillion dollar stimulus plans on the basis of little more than citing John Maynard Keynes – and politicians revere us. Citing Keynes gives us special licence to talk economics without using any. To paraphrase the lawyers’ dictum, when the [...]

I wish that I believed that a giant government spending stimulus would work to fix things,

because I would then support it, and with vigor.
Anyone who says that they have ‘computed’ how do to a stimulus is believing too much in a dodgy model.  Anyone who says ‘Nixon said that we are all Keynesians now’ in order to justify this  spending package is 30 years out of date.
We need to fix [...]

One of the pleasures of walking your daughter to the bus stop everyday

is noting that she has skipped to the bus stop every single day since the beginning of the school year.  I sometimes skip now myself.

Here is why so much of the stimulus is tax cuts:

People will spend them, increasing demand, at least in the short term.  The cuts will help financially constrained people the most.  And those are the people who should be helped.
I am not sure what the long term effects are though.  The big question is the insurance benefits versus the ex-ante incentive effects.  While I think [...]

yes…

I hope he gets what he wants.
Obama Wants “Buy American” Out Of Stimulus Bill – The Atlantic Politics Channel