Posts Tagged ‘Great Recession’

Obama “Economic Stimulus” Cost Lurches Higher Again


Wednesday May 25th, 2011   •   Posted by David Theroux at 4:43pm PDT   •   0 Comments

In “Stimulus price tag once again lurches higher,” Stephen Dinan reports in the Washington Times that according to the Congressional Budget Office, the cost of Obama’s “economic stimulus” package (American Recovery and Reinvestment Act of 2009 or ARRA) has now risen by another $40 billion. Congressís chief scorekeeper said Wednesday that the price tag…
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Robert Higgs: Government-caused Uncertainty Continues to Depress Jobs


Saturday January 29th, 2011   •   Posted by David Theroux at 11:49am PST   •   1 Comment

In his recent article in Investor’s Business Daily, “Uncertainty Continues To Depress Jobs,” Robert Higgs (Senior Fellow, The Independent Institute) discusses how the U.S. government’s interventionist and spending policies are prolonging high unemployment by creating a climate of massive economic uncertainty: President Obama, in his State of the Union address, promised to focus on…
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