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- CBO Report Lays To Rest Hopes of Balanced Budget
- Diane Lim Rogers submits: The Congressional Budget Office just released their updated budget and economic outlook. Here’s CBO Director Peter Orszag’s blog post on it, where he sounds a little depressed: Today’s report makes it challenging to avoid playing the dismal economist, which I generally dislike doing. by Diane...
- External links 2008-09-09
- Another Day, Another $30 Billion AIG Bailout
- Diane Lim Rogers submits: Despite what was surely an adverse reaction from the stock market today, the news on AIG AIG and more help for them from the federal government didn’t seem to get that much attention from your typical American today. I think we’re suffering from “bailout...
- External links 2009-03-02
- Would Partnership Be a Bailout for Chrysler or a Bonus for Fiat
- Diane Lim Rogers submits: Warren Brown writes in yesterday’s Washington Post that the “Chrysler-Fiat Alliance is a gamble worth taking.” As he explains my emphasis added: Chrysler now is seeking an “alliance” with Italy’s Fiat SpA to fill a gaping, expensive and risky-to-fill product hole for...
- External links 2009-03-23
- Main St. vs. Wall St.: It's Not Easy Being Nice to Bad Neighbors
- Diane Lim Rogers submits: In President Obama’s 60 Minutes interview with Steve Kroft, he tried to explain why the [[AIG]] bonus scandal needs to lead to a better relationship between Wall Street and Main Street: by Diane Lim Rogers
- External links 2009-03-24
- Here's Why I'm Happy I Drive a Ford
- Diane Lim Rogers submits: I drive only Fords F, mostly because my sister works for them. But I like my Fords, especially our two compact Focuses, and I still have hopes to someday be able to buy a hybrid Escape without the waiting list and with...
- External links 2009-04-21
- Chrysler: Making Bankruptcy Sound Good
- Diane Lim Rogers submits: You know the President has a reassuring way about him, when he’s able to make Chrysler’s bankruptcy sound so darn good. Why, watching his press conference, for a while one might not have even realized Chrysler was going to file for bankruptcy,...
- External links 2009-05-01
- 'Government Motors': Will the Right Decisions Be Made?
- Diane Lim Rogers submits: So I’m back here in Detroit on the day when GM files for bankruptcy, sitting in my Ford F engineer sister’s home with my [[GM]] rental car a Chevy Cobalt in the driveway, with plans to meet up with my Chrysler-still employed friends...
- External links 2009-06-02
- What's Plausible for the Fiscal Outlook?
- Diane Lim Rogers submits: The first definition of “plausible” on dictionary.com is: plausible [plaw-zuh-buhl] by Diane Lim Rogers
- External links 2009-08-30
- Record Deficit May Dash Obama's Big Plans
- Diane Lim Rogers submits: Friday’s headline in the Washington Post: “Record-High Deficit May Dash Big Plans”–refers primarily to President Obama’s “big plans” for further deficit-financed stimulus spending. But realistically, the large (though still smaller-than-expected) $1.4 trillion deficit is a threat to all of the Administration’s...
- External links 2009-10-18
- Auto Makers Need to Focus on Shared Sacrifice and Viability
- Diane Lim Rogers submits: GM and Chrysler submitted their “viability plans” yesterday to the Treasury Department (as they asked for more than $20 billion more in aid). The Detroit Free Press provides links to the full GM plan, and to the highlights of the Chrysler plan. Both...
- External links 2009-02-17
- Obama and Higher Fuel Efficiency Standards
- Diane Lim Rogers submits: It’s a good thing for our nation’s economy…. Not as good as a carbon tax, because the CAFE standards use coersion rather than incentives and don’t raise badly-needed revenue, but it’s still a good thing–and even for the auto industry itself. The story: NEW...
- External links 2009-01-26
- Why We Need Higher Gas Prices
- Diane Lim Rogers submits: This cartoon by Richard Thompson, from Dave Barry’s excellent Year in Review, reminds me that the “gasoline price roulette” we’ve experienced this year has not been a good thing for Americans–even as we now enjoy sub $2/gallon prices (and as my family’s just made the...
- External links 2008-12-29
- Living Within Our Means: Automotive Edition
- Diane Lim Rogers submits: If you haven’t heard, the Treasury Department is currently considering a plan to provide $5 billion to $10 billion in aid, ASAP, to General Motors GM to help finance its possible merger with Chrysler. And yesterday, my high school sweetheart was offered $50,000, a car, and...
- External links 2008-10-29
- Detroit is Hemorrhaging
- Diane Lim Rogers submits: Just turn on the news or visit the CNN-Money homepage, and you’ll hear/read all the latest bad news on the economy, which yesterday seemed to highlight the particularly bad situation in the Detroit auto industry. The headline story yesterday was the employment report, which showed...
- External links 2008-11-08
- Consider 'Pull' Rather Than 'Push' for the Auto Industry
- Diane Lim Rogers submits: Nice cartoon by Drew Sheneman (for the Star-Ledger, click on image to enlarge), and good article in yesterday’s Washington Post by Steven Mufson on the auto industry and the dilemma faced by federal policymakers in considering whether and how to help. by Diane Lim Rogers
- External links 2008-11-17
- Congress vs. Automakers: Are Both Sides Fiscally Irresponsible?
- Diane Lim Rogers submits: Last week I pondered whether those of us inside the DC Beltway (aka 495) were being too hard on the auto industry. In today’s Washington Post, the editorial board doesn’t seem to think so: [I]f the Big Three and the UAW are to have...
- External links 2008-12-04
- Auto Industry: Can We Get a 'Twofer'?
- Diane Lim Rogers submits: As the House prepares to vote on the $15 billion ”Auto Industry Financing and Restructuring Act” latest draft of bill text here, I thought it might be a good opportunity to raise this question: If we’ve decided: i we have to assist the auto...
- External links 2008-12-10
- Could We Build Bridges to a Better Place?
- Diane Lim Rogers submits: This week’s Economist magazine, and this morning’s Sunday Washington Post both discuss whether it’s possible to do massive amounts of infrastructure spending both promptly (for stimulus/recovery) and wisely (for longer-term economic growth). Can “quick and easy” also be “smart” from a “transform-the-economy” perspective? ...
- External links 2008-12-14
- Could It Be a Happy New Year for Chrysler?
- Diane Lim Rogers submits: Yesterday the Bush Administration came through with TARP funds for the auto industry (intended to prevent a “disorderly bankruptcy”), just as Chrysler closes its last day of production for at least a month. Now we have to hope that despite the bad timing of...
- External links 2008-12-20
- Could It Be Bailout Envy?
- Diane Lim Rogers submits: Compare the auto industry perspective, as depicted in this cartoon click to enlarge by Steve Sack of the Minneapolis Star Tribune, with the border collie pictured in the post about dogs feeling “envy” from a few days ago. And even though the automakers eventually...
- External links 2008-12-21
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