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Jesse sent this: Short-Term Economic Boost from Fiscal Stimulus Outweighed by Long-Term Output Loss
Also from Jesse: Why the Stock Market Should Crash
From reader HPD: Bank Regulators "Reign of Terror" on Small Business Loans
Items from The Economatrix:
Stimulus Watch: Did the White House downplay errors in rush to take credit for job data? Stronger Dollar, Weak Economic Data Pummels Stocks Dollar Gains as Homeowners, Job Seekers Struggle Weak Jobless Claims, Future Economic Activity Data Foreclosures Hitting More People with Good Credit AOL Offers Buyouts to 2,500 (33% of their workforce) Treasury to Sell Warrants as Three Banks Exit Bailouts Geithner: Some Bailout Funds to Help Lower Debt AARP Received $18 Million in Federal Stimulus Money--For a job training program that has not created any jobs Roubini: Unemployment to Worsen Commentary from Richard Russell: I Sleep Better With The Metal
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