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01/11/2009

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B

We really should start to learn Chinese, because China now owns most of the US. Maybe the government will just give them a couple of cities. That should pay for a little bit of the trillions being spent.

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Bill Grant

This event is the greatest ever event in the history of modern America. Congratulation to the fellow U S Citizens who writes their history in the golden letters of humanity. The circle is complete. We should remember the leaders who dare to rewrite the history Abraham Lincoln who fought the civil war to free the so called niggers from the slavery. The great Martin Luthar King and John F Kenedy all of them lost their life to establish the equality of mankind. Congratulation Mr. Obama for being the first color President of USA and my heartiest congratulation to my American brothers and sisters who fulfills the dream of their great leaders to show the world “hi buddy see we all are equal here”
Bill

Don Sabatini

Nice blog, I don't think that stimulus packages are doing something good. Because I can't figure out the change there.

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Jared

Tax cuts are not the answer, look at the last 8 years -- that is what got us into this mess. Doesn't anyone realize that the U.S. is in really bad shape. We need help now -- big help! Republican, Democrat, Socialist, Independent, whatever -- everyone needs to forget these ideologies and remember that they are Americans. We must work together.

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Anonymous

Adding on to Bob's comment, see Krugman's point:

http://krugman.blogs.nytimes.com/2009/01/19/getting-fiscal/

Basically, Becker has just flunked Econ 101.

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i guess it is also a good way.

Anonymous

i am not a professor but very keen on the definition on the private spending. what you stated in this post-"the efficiency of the economy would rise if too little had previously been invested in this infrastructure, while efficiency would fall if this government spending were more wasteful than the private spending that was crowded out."-catches much rationality. government spending should be used in areas where is urgently needed and usually will take good effect to promoting economy. but if is a kind of waste, then we would rather fall back on the private spending. i think this is as the same meaning in your argument. so what do exact mean by private spending? thank you in anticipate for your time, Becher.
---------------ED Hardy,ED Hardy

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