Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?

To: RetiredNow who wrote (125372)	10/27/2012 7:03:47 PM
From: Sr K	Read Replies (3) \| Respond to of 149317

You have selective recollection, I.e. bias. Stiglitz wanted a much bigger than $800B stimulus, even bigger than Krugman wanted. Then there was practical reality within a system that requires Congress to pass legislation. Obama was effective and got results beyond all reasonable expectations. Stiglitz would have gotten nothing through Congress and that's why he wasn't part of Obama's team.

To: RetiredNow who wrote (125372)	10/27/2012 9:31:53 PM
From: koan	Read Replies (1) \| Respond to of 149317

You do know Stiglitz eocnomic theories are identical to Krugman's don't you? << Here’s The Thing: Joseph Stiglitz By Barry Ritholtz - October 27th, 2012, 4:00PM This week on Here’s the Thing, Alec talks about the financial crisis with Joseph Stiglitz, a Nobel Prize-winning economist. Stiglitz shows no restraint when unleashing criticism of presidential policies — on both sides. Of President Barack Obama’s financial-industry rescue plan, Stiglitz said that whomever designed it was “either in the pocket of the banks or … incompetent.” Stiglitz talks to Alec about growing up in Gary, Indiana and how that impacted his decision to become an economist. Radio Interview: http://www.wnyc.org/shows/heresthething/2012/may/07/