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Previewing the Long-Term Effects of TariffsThe dominant effect of the Trump tariffs will be to raise production costs on almost every American manufacturing firm.

It’s TDS to Suppose These Tariffs Are WorkingTrump has pushed the U.S. into an economic downturn that will be especially hurtful to Hoosiers.

Trump’s Tariff Recession Is HereMy new forecast, completed in late April, predicts a national recession began as early as March in reaction to Trump’s tarriffs.

Two Key Economic Lessons in One BillHoosiers face trade-offs and opportunity costs in the wake of SEA1.

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Commentaries tagged with stimulus

March 16, 2025 What to Expect in This RecessionThere is risk of a lot of pain.
January 7, 2024 What Does New GDP Data Tell Us About the Hoosier Economy?More than half of all the state’s new residents since 2020 live in one of two counties.
December 3, 2023 The ‘Great Discordance’ of Economic Fact and FeelingThat Americans appear to prefer higher unemployment over historically mild inflation is not something any of us should be proud of.
August 6, 2023 Looking Back at Mistakes with a Critical EyeI was not alone in making these mistakes, but there’s no comfort in being wrong with a crowd.
December 5, 2021 Some More Talk About Inflation RisksA price increase does not equate inflation.
November 6, 2016 Macroeconomics in Crisis?Government spending and monetary policy have focused on the wrong things.
June 30, 2013 The Fed and Economic TheoryPolitical folklore has it that economists are infamously divided between explanations for the cause of the boom-and-bust cycle.
March 31, 2013 A Policy ShiftIn the early days of the recession, there were two competing arguments about policy.
September 19, 2011 The Efficacy of the American Jobs ActPresident Obama’s proposed American Jobs Act strikes as fair an attempt at stimulating the economy as is now possible. Whether or not it is good policy or will work is another question.
November 8, 2010 The Season of Quantitative EasingThe problem is that the resistance of banks to lending is not a monetary problem.
October 18, 2010 Why the Stimulus Didn’t Stimulate Enough. . . the stimulus kept the unemployment rate from rising to about 12 percent at a cost of $225,000 per job.
July 12, 2010 A Modest Proposal: The SUN Tax of 2010The SUN Tax would fix all our debt problems, with only a few modifications.
February 1, 2010 Economic Stimulus StrugglingWe need to resist the siren song of more Federal stimulus that we cannot spend in time.
December 28, 2009 Reducing Deficit Imperative for National ProsperityThe average American family is, healthier, wealthier and hopefully wiser now than when the decade started.
September 28, 2009 Stimulus Not Offsetting Job LossesThe concern is not how many jobs have been created, but how few.
September 14, 2009 Post-Recession Policies Matter More than TheoryThe types of fiscal stimulus Congress passed earlier this year fell from favor not because of economic theory, but rather because they rarely work well.
August 10, 2009 State Fair is Fun Stimulus PlanThe spending at the Fair last year led to more than $63 million in total economic activity.
July 20, 2009 Stimulus Plan must Work Now - or NeverIt is going to take federal, state and local governments a full two or more years to spend this amount of money.
April 6, 2009 Youth Program May Grow a Shared Sense of Unity and PurposeThose of us with relatives who lived through the Depression recall their stories of shared sacrifice and later triumph – today just feels different.
March 9, 2009 Balanced Equation Needed for Economic RecoveryIf the velocity of money shrinks further, it is likely the recession will deepen.
February 16, 2009 Stimulus Too Big to Spend this YearState and Federal governments simply cannot spend that much money this year.
February 2, 2009 Proposed Fiscal Stimulus Package has CostsThe package stimulates the economy by spending today what might otherwise be spent in the future.
January 12, 2009 Speed is Critical to Stimulus PlanFor a stimulus package to have an effect, it has to create jobs immediately.
February 18, 2008 The Risky Fed Chairman“It isn't surprising that this fiscal stimulus package passed in an election year. What is surprising is that it passed with the whole hearted backing of Federal Reserve Chairman Ben Bernanke .... .”

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