Matt Yglesias

23 Responses to “House Stimulus Bill”

1. onceler Says:
   January 15th, 2009 at 11:37 am

   so, take the amount for actual stimulus, and the amount for useless tax cuts, switch them, lower the stimulus amount, and throw in about $500B worth of crap nobody wants, and that will be what “saves” our economy. yay!

2. example Says:
   January 15th, 2009 at 11:43 am

   Since I work for a state educational institution, I’m happy to see state education funding specifically mentioned! They’re asking people to take a 1.5% unpaid leave to help with the budget — that amounts to about a week of unpaid time off per person.

3. Chachy Says:
   January 15th, 2009 at 12:02 pm

   I see there’s $30 billion for highway construction, and $10 billion for mass transit and rail, including only $1 billion for new transit projects. Not great.

   And as you say, likely to get worse.

4. Nordy Says:
   January 15th, 2009 at 1:58 pm

   Don’t be so pessimistic, Matt. The commenters on your site keep assuring me that the negotiation process will only make the stimulus bill more awesome and fantastic. Obama just put out a crappy, too-small version to trick them all (or something).

5. Nordy Says:
   January 15th, 2009 at 4:30 pm

   DTM,
   You are correct. I’m happy that there is money for state and local governments. However, it falls well short of the $350 billion identified by the CBPP. $350bn is a lot bigger than $79bn. There’s still going to be a lot of pain.

   And of course, for all my complaining, I must admit that this is far better than anything that we’d have gotten from Republicans.

6. Dave Says:
   January 15th, 2009 at 4:31 pm

   The House proposal is great if you want to call handing out a bunch of money to benefit the NEA “stimulus.”

7. Gregor Says:
   January 15th, 2009 at 7:01 pm

   10 Billion for public transport? A complete Fail on both a macroeconomic level and a back-end pay off level.

   I’ve been hammering away at this issue to Team Obama, on my blog, and on Twitter.

   Obama Plan: Fiasco Potential is High.

   Memo to Barak: Trains, not Planes (or Autos).

   Thanks for all your work on this issue Matt.

   G

   G

8. klaridad Says:
   January 15th, 2009 at 9:27 pm

   Dang. CA just approved 10 billion in bonds for a high speed rail that can only be spent if matching funds from somewhere else. So, I’m assuming that all 10 billion is coming to my state. Sweet!!

9. Ed Figueroa Says:
   January 19th, 2009 at 3:39 pm

   This is great, they will buy more buses and build more tunnels but at the same time lay-off Bus Operators, where is the sense in this.

10. Ken Says:
    January 28th, 2009 at 12:35 pm

    Dave: the proposed amount of NEA funding is 6/1000 of 1 percent of the overall spending, so it’s a little weird to only focus on that when talking about the whole package.

    In any case, I think it’s pretty well known that arts funding has a very high ROI; for instance, the Florida Cultural Alliance claims a return of $7 for every $1 spent on the arts: http://www.flca.net/images/Talking_Points_for_Arts_Impact_on_Economy.pdf

11. JoeShmoe Says:
    January 29th, 2009 at 12:22 pm

    “The House proposal is great if you want to call handing out a bunch of money to benefit the NEA “stimulus.””

    It will stimulate more young minds to ‘change’ to lefties.

    Joe

12. Haircuts Says:
    February 11th, 2009 at 10:55 pm

    This stimulus bill is a joke. If it weren’t so serious it’d be funny. We’re doing nothing more than writing a bad check when we know there’s no money in the bank to back it up. We know in a few days we’ll be busted, but they’re doing it anyway. And the thing is – it’s OUR MONEY!

13. jack parler Says:
    February 27th, 2009 at 7:29 pm

    Nice topic there, please feel free to email me when you update more , and i will check back on your post. Thanks mate.

14. viagra Says:
    March 1st, 2009 at 5:53 am

    viagra
    Very interesting site. Hope it will always be alive!

15. viagra Says:
    March 11th, 2009 at 4:47 am

    Great site. Good info

16. zyban Says:
    March 12th, 2009 at 11:37 pm

    Very interesting site. Hope it will always be alive!

17. tramadol Says:
    March 17th, 2009 at 2:29 am

    I want to say – thank you for this!
    tramadol

18. tramadol Says:
    March 22nd, 2009 at 6:20 am

    tramadol
    Very interesting site. Hope it will always be alive!

19. Independent-Profit-Center Says:
    March 24th, 2009 at 6:05 am

    amazing stuff thanx

20. brand viagra Says:
    April 2nd, 2009 at 5:26 am

    It is the coolest site,keep so!
    buy cheap viagra

21. Ex Back Says:
    April 8th, 2009 at 11:23 pm

    This is very hot information. I’ll share it on Twitter.

22. cheap viagra Says:
    April 9th, 2009 at 6:33 am

    thanks !! very helpful post! viagra

23. Heartburn Home Remedy Says:
    April 15th, 2009 at 8:49 am

    After reading through the article, I just feel that I need more info. Could you share some more resources ?