Do We Really Need Another Stimulus Already?
The economy is getting better, but still terrible, and job losses are slowing, but still terrible, and so mixed into the commentary about how the economy might turn the corner this autumn is a growing movement to push Obama to pass his second stimulus bill. The Center for Economic and Policy Research has even started their own coed fraternity to honor the economists and pundits behind the movement, including Paul Krugman, Mark Thoma and Katrina Vanden Heuvel of The Nation. It looks like a perfectly fine group, and I hope everybody receives complimentary CEPR Honor Roll bumper stickers, but consider some reasons not to join (yet):
