Stimulate This, Baby

Courtesy Donklephant  Wed, 11/18/2009 - 1:18pm

Michael Boskin is a professor of economics at Stanford University and a senior fellow at the Hoover Institution .

Today, in the Wall Street Journal, he proposes a temporary payroll tax reduction as a second try at a stimulus.

He starts his argument with consideration of what would have happened with a temporary payroll tax reduction in February of this year:

My Stanford colleague Pete Klenow and Rochester economist Mark Bils estimated that cutting the...


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