Media Appearance: Dylan Ratigan Show (9/13/10)


I will be swinging by Dylan’s place this afternoon about 4:20pm to discuss the stimulus, tax cuts and infrastructure spending.

A few bullet points:

Why has “Stimulus” become a dirty word?
-Might it be blowback for the reviled TARP and Bank Bailouts ?

• What was the impact of stimulus spending?
-Surowiecki notes Unemployment was reduced by 1-2%, GDP boosted by 2%, G.D.P. would have been half a trillion dollars lower/

• Can Infrastructure spending improve the Economy?
-The government can do what the private sector cannot — namely, longer projects and basic science

• Do not underestimate the new Capital Spending Business Tax Credit!
– When we last did a more modest version of this tax credit, it had a big impact  (More on this later this week)

. . .


UPDATE: September 13, 2010 6:27pm

Video is here

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