For the dozen or so people besides me that read this blog and actually care about such things, here are some sharp pieces on the economy and political landscape:
- Rush Limbaugh pens a rather funny but quite intriguing alternative, offering President Obama a compromise: The Obama-Limbaugh Stimulus Plan 2009.
- A WSJ editorial notes that barely $100 billion of the nearly $1 trillion in spending suggested by Obama has even a likelihood of stimulating the economy; the rest is a 40-year wish list for Democratic Party supporters. Quite mind-boggling to see where the money is going, when all you hear about in the news is the $30 billion for bridges and highways.
- Dick Morris argues that Obama will have moved us toward socialism - even if he's voted out in 2012 - in irreversible ways.
- An interesting (and eye-opening) take on the Bush economy - what was good and what mistakes were made.
- A fascinating Q&A with a former White House economist on Freakonomics, with this piece the most important one to me (as we see it in areas besides economics):Q: What are some of the most absurd economic assumptions Washington politicians are guilty of making, and that you’ve had to “advise” against in your position?Read it all, it's very telling.A: That’s a fantastic question, and it gets at a nefarious tactic by some advocates: they try to skew the “baseline” assumptions to make their proposed policy changes look more reasonable.