dagblog - Comments for "17 Reasons to Let the Economic Optimism Begin"

Janet Yellen is doing great

artappraiser — Fri, 19 Mar 2021 23:00:40 +0000

In reply to 17 Reasons to Let the Economic Optimism Begin

Janet Yellen is doing great but the anti-Brainard smear campaign from the left was ... not progressive politics’ finest hour https://t.co/kfLuxJfj9P
— Matthew Yglesias (@mattyglesias) March 19, 2021

One channel through which I think “hot” macro policy will help workers that economists ignore at their peril is politics — in a sluggish labor market we get a bad political economy of “creating jobs” instead of a good one of “doing things efficiently.”
— Matthew Yglesias (@mattyglesias) March 19, 2021

Or to put it another way there’s a tacit assumption that the labor market will usually be hot underlying the case for a lot of pro-productivity reforms.

There’s more to life than full employment, but full employment sets the stage for the rest.
— Matthew Yglesias (@mattyglesias) March 19, 2021

The stimulus plan’s child tax

artappraiser — Tue, 16 Mar 2021 06:40:25 +0000

In reply to 17 Reasons to Let the Economic Optimism Begin

The stimulus plan’s child tax credit “will actually maintain and lift living standards for millions of women and their children,” a senior economist said. “And it will disproportionately bring Black kids and Hispanic kids out of poverty.” https://t.co/LYIK7SrWZh
— The New Yorker (@NewYorker) March 16, 2021

A year ago, when the pandemic

artappraiser — Mon, 15 Mar 2021 16:49:33 +0000

In reply to 17 Reasons to Let the Economic Optimism Begin

A year ago, when the pandemic ripped a hole in the U.S. economy, another Great Depression was a very real possibility. It didn't happen, in large part because of a swift and aggressive response from the federal government.https://t.co/nD62xQoERs
— Ben Casselman (@bencasselman) March 15, 2021

see whole thread, lots of analysis there

The free market loves big

artappraiser — Mon, 15 Mar 2021 16:42:47 +0000

In reply to 17 Reasons to Let the Economic Optimism Begin

The free market loves big government https://t.co/Fc15nYsSXY
— Adam Jentleson (@AJentleson) March 15, 2021