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Why Have Economists Been So Bad at Predicting the Impact of the Stimulus?

National Review Online - 1hr 11mins ago

Almost two years after the adoption of the stimulus bill, the data shows that the funds didn’t stimulate GDP much, and didn’t stimulate employment either. One reason is that the package failed to prop up government purchases, or consum…

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Poll: Baby boomers fear outliving Medicare

Boston Herald - 1day 3hrs ago

WASHINGTON — The first Baby Boomers will be old enough to qualify for Medicare Jan. 1, and many fear the program’s obituary will be written before their own. A new Associated Press-GfK poll finds that Baby Boomers believe by a ratio of…

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Predictions of 2012 success for Obama

Prairie Weather - 2 days ago

Don't be too optimistic, too complacent, says Nate Silver.  Silver is probably the most reliable and certainly the most interesting numbers cruncher around. How about these predictions? The Washington Examiner’s Michael Barone, i…

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Obama to name his top economist in January

The Daily Caller - 2 days ago

HONOLULU (AP) — President Barack Obama is expected to announce his choice for top economic adviser after he returns from his Hawaiian Vacation next week. It’s a decision that could signal a new direction for the administration as it st…

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There Is No Free Lunch, Except In Politics

Examiner.com - 2 days ago

           Everyone has their favorite College Football team, whether it be Wake Forest from the ACC, or Boise State from the WAC. Football has become one of Americas favorite pass times, but what …

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The top marginal income tax rate should be about 65%...

Angry Bear - 3 days ago

by Mike Kimel Cross posted at the Presimetrics blog. To maximize real Economic Growth in the United States, the top marginal Income Tax rate should be about 65%, give or take about ten percent. Preposterous, right? Well, it turns out that’…

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Millennials and Hope

The American Spectator - 3 days ago

Experience suggests that belief in the American Dream is nothing more than ballast to be thrown overboard as soon as The Economy weakens. Certainly that is the role it has played in this Recession. Two of the most memorable newspaper articles of t…

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Liberals fear failure on spending bill may come back to haunt Obama

The Hill - 3 days ago

Left-leaning Think Tanks already disappointed with President Obama's tax-cut Compromise fear its political and economic benefits will be wiped out by Budget cuts in the next Congress. They argue Obama and congressional Democrats will come to reg…

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