17 Reasons to Let the Economic Optimism Begin

By artappraiser on Sat, 03/13/2021 - 9:26pm |

found retweeted by Ezra Klein

The exquisitely enumerated case for ecstatic economic optimism —>https://t.co/ORiR7BlZuC

I've been collecting string for this column for a few weeks now, but it might never see the light of day, because @Neil_Irwin just did it so well
— Derek Thompson (@DKThomp) March 13, 2021

URL:

https://www.nytimes.com/2021/03/13/upshot/economy-optimism-boom.html

1436 reads

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

by artappraiser on Mon, 03/15/2021 - 12:42pm

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

by artappraiser on Mon, 03/15/2021 - 12:49pm

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

by artappraiser on Tue, 03/16/2021 - 2:40am

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

by artappraiser on Fri, 03/19/2021 - 7:00pm

17 Reasons to Let the Economic Optimism Begin

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