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Tuesday, February 2, 2010

Obama's budget

Obama's budget:

Obama Administration Unemployment Forecast
Calculated Risk, February 1, 2010
As part of the annual budget, the Obama Administration released the underlying economic assumptions too.
http://www.calculatedriskblog.com/2010/02/obama-administration-unemployment.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+CalculatedRisk+%28Calculated+Risk%29

Budget Forecasts vs. Reality
Catherine Rampell, Economix, February 1, 2010
Something to keep in mind when reading about the president's budget projections: They are almost always wrong. And not surprisingly, the estimates usually err on the side of optimism.
http://economix.blogs.nytimes.com/2010/02/01/budget-forecasts-vs-reality/

No quick end to joblessness
R.A., Free Exchange, February 1, 2010
The president has looked at the problem, correctly identified its nature, and proposed solutions which are irrelevant to harmful.
http://www.economist.com/blogs/freeexchange/2010/02/high_unemployment_sticking_around

A Depressing Budget
Paul Krugman, The Conscience of a Liberal, February 1, 2010
There's no escaping the sense that this is a tremendous comedown.
http://krugman.blogs.nytimes.com/2010/02/01/a-depressing-budget/

Let's freeze more than chump change
Len Burman, Washington Post, February 2, 2010
Serious about cutting spending? Then consider what gets spent on tax breaks.
http://www.washingtonpost.com/wp-dyn/content/article/2010/02/01/AR2010020103072.html?wprss=rss_opinions

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