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February 2008

The U.S. Economy and the Economic Stimulus Package

Beta Gamma Sigma invites you to share your opinions with us by sending emails to bzine@betagammasigma.org.

Linked Articles:

Strategy for economic rebound: Smart stimulus to counteract the economic slowdown
By Lawrence Mishel, Ross Eisenbrey and John Irons

“Because the United States is either already in a recession or is headed for one, policy makers need to act now to craft an effective economic stimulus package to spur growth and job creation.”

Robert Samuelson: Election-year lollipops
By Robert Samuelson, Newsweek and Washington Post Columnist

“Politicians eager to show their concern ponder some form of economic stimulus.”


Could economic stimulus do more harm than good?
By Kevin G. Hall and Renee Schoof, McClatchy Newspapers

“Anytime you start from a hole, digging isn’t usually the strategy to get out of it.”


CEO Confidence Declines Again
The Conference Board


Economic Policy in a Weakening Economy: Principles for Fiscal Stimulus
By Chad Stone and Kris Cox, Center on Budget and Policy Priorities

“Congress should weigh its options very carefully and not be stampeded into moving stimulus legislation as an antidote to temporary economic weakness.”


Windfall or Catastrophe?
By FoxBusiness.com

Opinions on the stimulus package.


Recession 2008: How bad it can get
By Chris Isidore, CNNMoney.com

“Many economists are predicting a short, shallow recession. But there’s also a significant risk of a more serious economic decline.”


Solutions 2008: Fighting recession (video)
CNNMoney.com
Mark Zandi, Chief Economist of Moody's Economy.com says that policy makers need to be more aggressive to stimulate the economy.


Speedy Deal on Stimulus Plan May Not Yield Short-Term Help
By Steven Mufson and Neil Irwin, Washington Post Staff Writers

“Even the fast political action on the package – it took barely a week to negotiate – may not be fast enough to help the economy over the next several months.”


How Real Was the Prosperity?
By Michael Mandel, chief economist for Bloomberg Businessweek
“We’re just beginning to figure out how much of the nation’s recent growth was the result of a credit-induced frenzy. Here are some guideposts.”

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