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Modern Liberalism and Libertarianism: An Economist's View

Stimulus Spending "Skepticism"...

When Republican Houser leader John Boehner wrote:

Republican Leader John Boehner: ATTENTION ECONOMISTS: ARE YOU A STIMULUS SPENDING SKEPTIC? A recent Associated Press article  quoted transition officials for President-elect Obama as saying “[o]nly one outside economist” contacted by the President-elect’s advisors had “voiced skepticism” about the President-elect’s emerging plans for an economic “stimulus” spending bill with a price tag as large as $1 trillion, with the vast majority of that number going to new spending on government programs and projects.

House Republican Leader John Boehner (R-OH) is compiling a list of credentialed American economists who would like to add their voices to the list of stimulus spending skeptics. If you are an economist who would like to be added to this list, you can join the list here and provide your comments. Also, please feel free to provide links to any papers or publications that support or extend upon your comments.

In Stupidest Party Alive I misread Glen Weyl and took him out of context as being opposed to all stimulus plans, rather than fearing "that the orientation of the Obama plan taking shape at the time, a combination of expansive public spending, unemployment benefits and indiscriminate tax cuts was unlikely to be properly targeted."

It is my error, for which I apologize.

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