Re: [Pen-l] "loss of wealth" [was: Dean Baker: Getting the most bang for the stimulus buck

To: "Progressive Economics" <pen-l@xxxxxxxxxxxxxxxxxx>
Subject: Re: [Pen-l] "loss of wealth" [was: Dean Baker: Getting the most bang for the stimulus buck
From: Sandwichman <lumpoflabor@xxxxxxxxx>
Date: Thu, 15 Jan 2009 10:41:24 -0800
Dkim-signature: v=1; a=rsa-sha256; c=relaxed/relaxed; d=gmail.com; s=gamma; h=domainkey-signature:received:received:message-id:date:from:to :subject:in-reply-to:mime-version:content-type :content-transfer-encoding:content-disposition:references; bh=XCp5WPNa7lOp7HjyiqsLge5q4nIdHT0LkudXwSQTEAE=; b=vvDFfvgK2nx+KeFLKqOeW6psWeGkASaFCJPfAlpa+pHik5QBrp7tyiUwYwOf+5i7VI e7WU53mRgbLyl8HEo5L6/eY4VeNcHcrU3ilGYZcPOcpMulo/OcVVtvahfwoW8O9VyKNl Ky3+Ujdb+vYy7QiWb/kjWmCYWEH3TySzMuDdI=
Domainkey-signature: a=rsa-sha1; c=nofws; d=gmail.com; s=gamma; h=message-id:date:from:to:subject:in-reply-to:mime-version :content-type:content-transfer-encoding:content-disposition :references; b=F7rs12pS5MBcff52SMJAwZDWR8ERvzRnmiqADsWFxRrZDCfswjru3tXpiDj3+dIIPy JGhFPkYV/GJNqrpTKhsNYBfANaxuQj7A7lrpQr2pOSeJ2+G19ZPYf/zuOGVkuHopOHIP cN0lRVsjhOV/oJ8gVCwzRrpVLlsOLUaGmGkbo=

Yes, Max's comments with regard to implementation are well taken. But,
as we all know, there are implementation issues associated with TARP
and with any fiscal stimulus package that comes down the pike. The
policy challenge is not to come up with an idea that is somehow
automatic for the simple reason that such a policy innovation does not
exist. No doubt the attraction of the "supply-side" tax-cut nostrums
is that they presumed a market mechanism that would optimize results
with minimal regulatory intervention. Here we are, today, folks. Now
how did that work out?

On Thu, Jan 15, 2009 at 10:02 AM, Jim Devine <jdevine03@xxxxxxxxx> wrote:
>
> however, I notice that Max directly addressed this proposal.

-- 
Sandwichman
_______________________________________________
pen-l mailing list
pen-l@xxxxxxxxxxxxxxxxxx
https://lists.csuchico.edu/mailman/listinfo/pen-l

Follow-Ups:
- Re: [Pen-l] "loss of wealth" [was: Dean Baker: Getting the most bang for the stimulus buck
  - From: raghu

References:
- [Pen-l] "loss of wealth" [was: Dean Baker: Getting the most bang for the stimulus buck
  - From: Jim Devine
- Re: [Pen-l] "loss of wealth" [was: Dean Baker: Getting the most bang for the stimulus buck
  - From: Doug Henwood
- Re: [Pen-l] "loss of wealth" [was: Dean Baker: Getting the most bang for the stimulus buck
  - From: Jim Devine
- Re: [Pen-l] "loss of wealth" [was: Dean Baker: Getting the most bang for the stimulus buck
  - From: Doug Henwood
- Re: [Pen-l] "loss of wealth" [was: Dean Baker: Getting the most bang for the stimulus buck
  - From: Sandwichman
- Re: [Pen-l] "loss of wealth" [was: Dean Baker: Getting the most bang for the stimulus buck
  - From: Jim Devine
- Re: [Pen-l] "loss of wealth" [was: Dean Baker: Getting the most bang for the stimulus buck
  - From: Sandwichman
- Re: [Pen-l] "loss of wealth" [was: Dean Baker: Getting the most bang for the stimulus buck
  - From: Jim Devine

Prev by Date: Re: [Pen-l] "loss of wealth" [was: Dean Baker: Getting the most bang for the stimulus buck
Next by Date: [Pen-l] Cautiva, The Monastery
Previous by thread: Re: [Pen-l] "loss of wealth" [was: Dean Baker: Getting the most bang for the stimulus buck
Next by thread: Re: [Pen-l] "loss of wealth" [was: Dean Baker: Getting the most bang for the stimulus buck
Index(es):
- Date
- Thread

Thread context:
- Re: [Pen-l] "loss of wealth" [was: Dean Baker: Getting the most bang for the stimulus buck, (continued)
- [dshemano@pwkllp.com: RE: Re: [Pen-l] Would bankruptcy have been the best for the banks ?], Michael Perelman Wed 14 Jan 2009, 23:15 GMT

[ Other Periods | Other mailing lists | Search ]