Obama's Economic Policies Are Working Effectively

• Volume 32, Presented On: November 16, 2009
• Visit Full Debate Page

From the Panel

• For: Steve Rattner

• On the Road Again? A Look at the U.S. Auto Industry
  Keynote address by Steven Rattner, Brookings Institution October 21, 2009
• Exit the Czar
  Steve Fishman, New York Magazine August 2, 2009
• The Auto Bailout: How We Did It
  Steven Rattner, Fortune October 21, 2009

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• For: Mark Zandi

• Impact of Recovery Act
  Congressional Testimony by Mark Zandi October 29, 2009
• Stimulus Ending ‘Dark Economic Times’ in U.S. – Zandi
  Reuters October 29, 2009
• Congressman Sestak and Leading Economist Present Needed Housing Recovery Plan
  Office of Rep. Joe Sestak (D-PA) News Release October 15, 2009
• Financial Regulatory Overhaul
  Congressional Testimony by Mark Zandi September 24, 2009
• Consumer-Debt Picture Shows One Sign of Improvement
  Ruth Simon, Constance Mitchell Ford, Wall Street Journal July 25, 2009
• Financial Regulatory Overhaul
  Congressional Testimony by Mark Zandi July 21, 2009
• Economist: Stimulus appears to be Working
  NPR July 2, 2009
• The Chic Geek
  Sheelah Kolkahtkar, Time April 20, 2009

• Against: James Galbraith

• Recession at End? Not So Fast, Economic Guru Says
  Devon Haynie, Fort Wayne Journal Gazette October 15, 2009
• Fed Up: Did Ben Bernanke Really Save America’s Financial System?
  James K. Galbraith, Washington Monthly September/October, 2009
• Forget Reform, Galbraith Wants a ‘Total Restructuring’ of Wall Street
  Aaron Task, Yahoo Finance September 14, 2009
• Economist: U.S. Won’t Tolerate a ‘Lost Decade’
  Kevin G. Hall, McClatchy Newspapers September 8, 2009
• Statement of Professor James K. Galbraith to the Subcommittee on Domestic Monetary Policy and Technology
  Committee on Financial Services, U.S. House of Representatives July 9, 2009
• No Return to Normal
  James K. Galbraith, Washington Monthly March/April, 2009
• Stimulus is for Suckers
  James K. Galbraith, Mother Jones December 8, 2008
• Outsider in the World of Economics Takes a Dim View of ‘Rotten’ Banks
  Thomas Malloy, Independent June 18, 2009
• Galbraith on the Crash… It has a Familiar Ring
  Pat Regnier, Fortune February 4, 2009

Articles For & Against

• For the Motion

• Have the Stimulus Programs Failed?
  Gary Burtless, Brookings Institution August 4, 2009
• How We Know the Recovery Package is Helping
  Josh Bivens, Economic Policy Institute October 29, 2009

• Against the Motion

• Stimulus and the Jobless Recovery
  Edward P. Lazear, Wall Street Journal Asia November 3, 2009
• Preventing the Next Financial Crisis
  Allan H. Meltzer, Wall Street Journal October 23, 2009
• A Sickening Deficit
  Alex Brill, Amy Roden, Forbes October 19, 2009
• On the Fiscal Road to Serfdom
  Desmond Lachman, AEI October, 2009
• What Happened to the ‘Depression’?
  Allan H. Meltzer, Wall Street Journal September 1, 2009
• Obama Needs a Move to the Middle
  Michael J. Boskin, Wall Street Journal July 22, 2009
• The President Moves the Economic Goalposts
  Karl Rove, Wall Street Journal July 16, 2009

Related Articles

• Recovery

• GDP Rises 3.5 Percent in Third Quarter
  Bureau of Economic Analysis, U.S. Department of Commerce October 29, 2009
• Consumer Spending Subsides after Rise in August
  Bureau of Economic Analysis, U.S. Department of Commerce October 30, 2009
• Manufacturing Led Slowdown in 2008
  Bureau of Economic Analysis, U.S. Department of Commerce April 28, 2009
• Economy Grows by 3.5 Percent, Signals Recession May Have Ended
  Neil Irwin, Washington Post October 29, 2009
• Partisan Views of Obama’s Economic Performance
  Phil Mintz, Business Week August 13, 2009
• Consumers Unlikely to Keep Pace
  Sara Murray, Wall Street Journal October 30, 2009
• Comedy Aside, an Obama Report Card
  Alan S. Blinder, New York Times October 17, 2009
• Pitfalls along the Path to Recovery
  Emily Kaiser, Reuters October 4, 2009
• The Economic Recovery: Fast, Slow or Neither?
  Sudeep Reddy, Wall Street Journal August 18, 2009
• Economic Policy is Working, Obama Says
  Scott Wilson, Michael A. Fletcher, Washington Post August 4, 2009
• Bernanke Says Recession ‘Very Likely Over’
  Jeannine Aversa, AP September 15, 2009
• The U.S. Financial and Economic Crisis: Where Does It Stand and Where Do We Go from Here?
  Martin Neil Baily, Douglas J. Elliott, Brookings Institution June, 2009

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• Stimulus

• Economic Stimulus
  New York Times September 7, 2010
• Stimulus: How Fast We’re Spending Nearly $800 Billion
  Christopher Flavelle, Jeff Larson, ProPublica September 3, 2010
• Deal Reached in Congress on $789 Billion Stimulus Plan
  David M. Herszenhorn, Carl Hulse, New York Times February 11, 2009
• Did the Stimulus Work?
  New York Times November 1, 2009
• Economic Growth Boosted by Small U.S. Programs
  Patrice Hill, Washington Times October 30, 2009
• How Much Has the Stimulus Done?
  Rex Nutting, MarketWatch October 29, 2009
• Is Stimulus Plan Working? Debate Goes On
  Sudeep Reddy, Wall Street Journal Asia October 28, 2009
• Taking Stock of the Fiscal Stimulus Package: The CEA Report and Beyond
  Committee for a Responsible Federal Budget September 14, 2009

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• Is Another Stimulus Needed?

• Too Little of a Good Thing
  Paul Krugman, New York Times November 1, 2009
• Stimulus or Bust
  Joseph Stiglitz, Guardian August 10, 2009
• Do We Need Another Stimulus?
  Washington Post July 11, 2009
• We Do Not Need a Second Stimulus Plan
  Bruce Bartlett July 5, 2009
• Economists Who Make the Third Stimulus Honor Roll
  Center for Economic and Policy Research November, 2009
• • Biden: Costly Stimulus ‘Is in Fact Working’
    Brett J. Blackledge, News Journal September 4, 2009
  • Eye on the Stimulus
    Michael Grabell, Jennifer La Fleur, ProPublica August 5, 2009
  • A Sinking Sound, and a Test of Nerve
    Peter S. Goodman, New York Times July 8, 2009

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• Unemployment

• Labor Force Statistics from the Current Population Survey
  Bureau of Labor Statistics, U.S. Department of Labor September, 2010
• Employment Situation Summary
  Bureau of Labor Statistics, U.S. Department of Labor September 3, 2010
• Economy at a Glance
  Bureau of Labor Statistics, U.S. Department of Labor September 9 2010
• Unemployment Rate Tops 10 Percent for First Time Since 1983
  Jeannine Aversa, Christopher S. Rugaber, AP November 6, 2009
• Stimulus Contracts Create, Save 30,383 U.S. Jobs
  Reuters October 15, 2009
• White House Touts 1 Million Jobs from Stimulus
  Peter Nicholas, Los Angeles Times October 31, 2009
• Stimulus: Creating Jobs or Not?
  Tami Luhby, CNN/Money October 13, 2009
• Stimulus has Saved, Created 650,000 Jobs so Far
  Matt Apuzzo, Brett J. Blackledge, AP October 30, 2009
• Even as Layoffs Persist, Some Good Jobs Go Begging
  Christopher Leonard, AP October 4, 2009
• Structural Unemployment Crisis Stalking U.S. Economy
  Lucia Mutikani, Reuters October 6, 2009
• Congress Extends Jobless Benefits to Record Levels
  Jim Abrams, AP November 5, 2009
• Jobs Report Highlights Shaky U.S. Recovery
  Peter S. Goodman, New York Times October 2, 2009
• Part-Timers Form a Hidden Unemployment Rate in an Economy where Full-Time Hours Hard to Find
  Frank Bass, AP June 4, 2009

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• Housing

• American Recovery and Reinvestment Act of 2009
  National Association of Realtors 2009
• Summary of Key Provisions of H.R. 3221 - The Housing Stimulus Bill
  National Association of Realtors 2008
• Sales of Existing Homes Climb 9.4%
  David Streitfeld, New York Times October 23, 2009
• Modest Housing Market Recovery Continues
  Mortgage Bankers Association September, 2010
• Mortgage Orgination Estimates
  Mortgage Bankers Association August 17, 2010
• Watchdog Report Throws Cold Water on Treasury Loan Mod Celebration
  Paul Kiel, ProPublica October 9, 2009
• U.S. Housing Market Conditions
  U.S. Department of Housing and Urban Development August, 2009
• U.S. Housing Misery Poised to Enter New Phase
  Reuters June 26, 2009

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• Bailout

• The Bailout: Initiatives and Programs
  ProPublica 2009
• Bailout Timeline: Another Day, Another Bailout
  ProPublica 2009
• History of U.S. Gov't Bailouts
  ProPublica April 15, 2009

• Bank Bailout

• Bank Bailout: What's in the Plan
  David Goldman, CNN/Money February 10, 2009
• Four Banks in Gov't's 'Healthy Bank' Bailout Struggle to Survive
  Paul Kiel, ProPublica October 19, 2009
• The Bank Bailout's Side Effect: Raising Mortgage Costs
  Stephen Gandel, Time October 16, 2008
• FDIC Fund Faces Years in Red as Failures Jolt System
  Damian Paletta, Michael R. Crittenden, Wall Street Journal October 1, 2009
• New The State of Capitalism: Wary Banks Hobble Toxic-Asset Plan
  David Enrich, Liz Rappaport, Jenny Strasburg, Wall Street Journal June 29, 2009
• Ten Big Banks Get Go-Ahead to Repay $68 Billion in TARP Funds
  Donald D. Orol, Alistair Bar, MarketWatch June 9, 2009
• Was the Bank Bailout Necessary?
  Dean Baker, Guardian May 18, 2009
• U.S. Expands Plan to Buy Banks' Troubled Assets
  Edmund L. Andrews, Eric Dash, New York Times March 24, 2009
• Fact Sheet: Public-Private Investment Program
  U.S. Treasury Department March 23, 2009
• Slouching toward Sanity
  J. Bradford DeLong 2009
• A Bank Bailout that Works
  Joseph E. Stiglitz, The Nation March 4, 2009
• Obama's Bank Bailout Plan: Not Ready for Prime Time
  David C. John, James L. Gattuso, Heritage Foundation February 12, 2009
• Bailout or Bankruptcy?
  Jeffrey A. Miron, Cato Journal Winter, 2009

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• Bank Stress Test

• The Supervisory Capital Assessment Program: Overview of Results
  Board of Governors of the Federal Reserve System May 7, 2009
• Bank Stress Test Results
  Douglas J. Elliott, Brookings Institution May 12, 2009
• Banks Need at Least $65 Billion in Capital
  Deborah Solomon, David Enrich, Damian Paletta, Wall Street Journal May 7, 2009
• We Can't Subsidize the Banks Forever
  Matthew Richardson, Nouriel Roubini, Wall Street Journal May 5, 2009

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• Regulation White Paper

• Financial Regulatory Reform: A New Foundation
  Department of the Treasury June 17, 2009

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• Regulation

• They Didn't Regulate Enough and Still Don't
  Jeff Madrick, New York Review of Books November 5, 2009
• Initial Comments on the Draft House Bill on Systemic Risk and 'Too Big to Fail'
  Douglas J. Elliott, Brookings Institution October 28, 2009
• Three Theories on Solving the 'Too Big to Fail' Problem
  David Wessel, Wall Street Journal October 29, 2009
• The Myth of Too Big to Fail
  Tim Fernholz, American Prospect October 28, 2009
• Can We Fix Too Big to Fail without Shrinkage?
  Noam Scheiber, New Republic October 28, 2009
• Volcker Fails to Sell a Bank Strategy
  Louis Uchitelle, New York Times October 20, 2009
• Bill Shields Most Banks from Review
  Stephen Labaton, New York Times October 16, 2009
• House Panel Votes to Regulate Derivatives
  Edited by Andrew Ross Sorkin, New York Times October 15, 2009
• Would a Stricter Fed Policy and Financial Regulation Have Averted the Financial Crisis?
  Jagadeesh Gokhale, Peter Van Doren, CATO Institute October 8, 2009
• The Next Financial Crisis
  Peter Boone, Simon Johnson, New Republic September 8, 2009
• Too Big to Fail, or Succeed
  Peter J. Wallison, Wall Street Journal August, 2009
• Financial Reforms We Can All Agree On
  Charles W. Calomiris, Wall Street Journal April 23, 2009

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• Executive Pay

• Obama's Executive Pay Move is Bad Policy
  Charles W. Calomiris, Financial Times October 28, 2009
• The Real Banker Boondoggle
  Laurence Grafstein, New Republic September 17, 2009

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• Automotive Bailout

• Ford Posts an Unexpected Profit of $997 Million
  Nick Bunkley, New York Times November 2, 2009
• The State of Capitalism: Politicians Butt in at Bailed-Out GM
  Neil King Jr., Wall Street Journal October 29, 2009
• Cruel September for Car Makers
  Matthew Dolan, Jeff Bennett, Wall Street Journal October 2, 2009
• GM Makes Speedy Exit from Bankruptcy
  Tom Krisher, Ken Thomas, AP July 10, 2009
• Will They Save GM?
  David Von Drehle, Time June 8, 2009
• Obama's Auto Plan is Capitalism at Work
  Scott Sperling, Wall Street Journal May 19, 2009

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• Obama’s Budget

• Obama Budget Pushes Sweeping Change
  Jonathan Weisman, Wall Street Journal February 27, 2009
• A Bold Plan Sweeps Away Reagan Ideas
  David Leonhardt, New York Times February 26, 2009
• Obama Budget has new $750B Bank Rescue Contingency
  Jim Kuhnhenn, AP February 26, 2009

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• September Treasury Statement

• Final Month Treasury Statement
  U.S. Department of the Treasury September 30, 2009

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• CBO Analysis Fiscal Year 2010 Budget

• An Analysis of the President's Budgetary Proposals for Fiscal Year 2010
  Congress of the United States, Congressional Budget Office June, 2009

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• CBO Budget and Economic Outlook

• The Budget and Economic Outlook: An Update
  Congress of the United States, Congressional Budget Office August, 2009