The coalition against fiscal stimulus

More

The country may be ready for a woman or a black man as president--but can it deal with something more radical? I mean cooperation between Republicans and Democrats. The reception of last week's fiscal stimulus agreement between the Bush administration and the House leadership makes you wonder whether America is ready for bipartisanship. Everybody says they want it. Finally we get some, and everybody hates it.



Harvard professor and economics blogger Greg Mankiw recently posted a set of links under the heading, "The Coalition Against Fiscal Stimulus": 14 commentaries [latest count: 19] attacking the new plan. That is not counting Mankiw's own posts questioning the need for action, or pieces opposed to this fiscal stimulus, although not to fiscal stimulus in general. The New York Times's Paul Krugman, no part of Mankiw's coalition, attacked the plan as a cop-out. With critics right and left and up and down, the new spirit of cooperation looked exhausted within days.



You can read the rest of this column for National Journal here (the link expires in a week).

Jump to comments
Presented by
Get Today's Top Stories in Your Inbox (preview)

What Crazy Tech Idea Could Become Real?

"There could be great intelligence enhancements, like infinite memory."


Join the Discussion

After you comment, click Post. If you’re not already logged in you will be asked to log in or register. blog comments powered by Disqus

Video

A Time-Lapse of Alaska's Northern Lights

The beauty of aurora borealis, as seen from America's last frontier

Video

What Do You Wish You Learned in College?

Ivy League academics reveal their undergrad regrets

Video

Famous Movies, Reimagined

From Apocalypse Now to The Lord of the Rings, this clever video puts a new spin on Hollywood's greatest hits.

Video

What Is a City?

Cities are like nothing else on Earth.

Video

CrossFit Versus Yoga: Choose a Side

How a workout becomes a social identity

Video

In Online Dating, Everyone's a Little Bit Racist

The co-founder of OKCupid shares findings from his analysis of millions of users' data.

Writers

Up
Down

More in Business

Just In