Posts Tagged ‘stimulus economics’

Increase Social Security Checks Without Increasing The Deficit

Tuesday, November 2nd, 2010 by Al Lewis (alewis)

Social Security payments have not been adjusted for inflation in two years.  However, there is an easy way for the Government to increase their purchasing power for senior citizens:  The ShopAmerica Gift Card.
Instead of just sending out the checks, suppose the Government gave people a choice:  You can either have this month’s check or you [...]

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Thursday, January 28th, 2010 by Al Lewis (alewis)

President Obama’s State of the Union speech proposed ways to help the middle class recover and also to create some jobs.   Naturally — and despite a proposed spending freeze – these initiatives will cost money.   He overlooked four initiatives that can also help the middle class, and  create jobs either directly or indirectly, but without costing anybody anything.
First, why [...]

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The Complete ThinkOOB Stimulus Economics Plan

Monday, March 9th, 2009 by Al Lewis (alewis)

This Posting sumamrizes the Best of the Ideas from the only website paying $1-million for Yours

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Stimulus Stamps - Alternative Currency

Friday, February 27th, 2009 by Grady Cash

Last year, consumers received a tax refund to stimulate spending, but much of the funds were saved, so the desired impact was not achieved. This effect could be eliminated by issuing an immediate tax refund to all adults of $1,000 that would not be a check, but a form of alternative currency that I’ll refer [...]

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For Universities Only: A Stimulating Thought on Stimulus Economics

Thursday, February 5th, 2009 by Al Lewis (alewis)

Whoever reads this first from a university, wins.  That’s how obvious the idea is.  The previous post calling for a new branch of study, Stimulus Economics, left out the obvious benefit to whichever university reads this posting first:  Money.  The university which is first to establish a sub-department of “Stimulus Economics” will find that this [...]

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We Need a New Branch of Economics: Stimulus Economics

Monday, February 2nd, 2009 by Al Lewis (alewis)

I put the term “stimulus economics” in my category list last week, covering several postings aimed at getting people to spend more money. In my naivete I thought the field already existed as an academic discipline, but it doesn’t.

It is not macroeconomics, which studies the effect of fiscal and monetary policy.  Stimulus Economics is [...]

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That’s just like flat out lying to you

Monday, December 1st, 2008 by klewi

Many commentators have lamented the fact that people did not spend their stimulus checks in 2008, but saved them instead. Obviously, the “stimulus” only works if people spend it. Recent examples of those commentators would be Bruce Bartlett (New York Times 12/24/08), Ed Glaeser (Boston Globe 1/5/09), and Scott Lehigh (Boston Globe 1/9/09). No one has suggested the solution proposed below, which would hugely incentivize spending a tax cut or stimulus check, while at the same time providing a windfall to consumers at no additional cost to the government. So to those commentators and everyone else, we offer the following lesson in the new field of “stimulus economics.”

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