Out for a ride on the Stimulus. My brother in-law Buck has the helm as Pat and Peg look on.
To make a long story short, our questioner wants to know why, on the one hand, despite the passage of the American Recovery [...]
That's what Felix Salmon thinks: reduce unemployment by hiring artists. He writes:
I’d note that the low-hanging fruit has already been picked, when it comes to “labor-intensive, shovel-ready infrastructure projects”, with the first stimulus, and I’m not sure that there are actually any left. Instead, might I suggest arts subsidies?
Sure, pay [...]

What too many people fail to recall, and in many cases I consider this willful amnesia, is that Obama's sales pitch for the first stimulus package included a promise that, if passed, unemployment would rise no higher than 8 percent. Without the stimulus package, Obama's economic team (which includes Romer), predicted' [...]
