There are a number of very interesting postings about things economic on the web that merit your look. I'll just list them here, as I occasionally do.
JCT revenue estimate for House-passed economic stimulus package, Jan. 30, 2009
Bipartisan Senate passage of the Children's Health Insurance Program Reauthorization Act of 2009 (which now goes to conference to iron out differences with the House-passed version); see BNA for early version of the news release on Senate action approving $32.8 billion for the program on a vote of 66-32.
Healy & Uchitelle, Steep Slide in U.S. Economy as Unsold Goods Pile Up, New York Times, Jan. 30, 2009
Roger Ehrenberg, I Just Don't Get it, Jan. 28, 2009 (hat tip to Angry Bear)
Dan Shaviro, So far, so good?, Jan. 29, 2009 (taking solace in the fact that the stimulus bill at least didn't include a number of the proposals put forward by various business lobbies for even sillier business tax cuts)
Citizens for Tax justice, Less than a quarter of the House GOP's tax rate reduction proposal would go to the poorest 60 percent of taxpayers, Jan. 28, 2009
Mark Thoma at Economist's View, An Ideological Turf War, Jan. 28, 2009 (a good discussion about the competing views within macro economics over the last 30 or so years)
Robert Waldmann at Angry Bear, Commenting on Thoma commenting on Blanchard commenting on Lucas, Jan. 29, 2009 (more on the competing economic views between "freshwater" marketarians and "saltwater" keynesians)
Andrew Leonard, How the World Works: How to lie about tax cuts, Jan. 28, 2009 (describes "the House Republican strategy going forward [as] lie, misrepresent, and obfuscate.")
Bruce Katz and Robert Puentes, Brookings, Memo to the President: Invest in long-term prosperity, Jan. 12, 2009
Spencer at Angry Bear, New Deal--Objective Research?, Jan. 27, 2009 (more exploration of the current trend to misrepresent the New Deal as failing to create an economic stimulus--shows taht Alan Brinkley's article in the New Republic makes incorrect assertions about real New Deal gains in employment, economic activity, and duration of growth cycles)
National Women's Law Center, How the American Recovery and Reinvestment Plan Addresses Women's Needs, Jan. 28, 2009
Dani Rodrik, Looking Forward to 2009?, Dec. 31, 2008 (always a good idea to step back and think about the big picture issues that are of concern, even if we may not agree with everyone's view of the ideal solution)
And I leave you with this optimistic comment (available in full here) on economists view about the possibility of change under our new president.
Skeptics abound. Old wounds are never old. Folks who are comfortable with the way things are will feel threatened by change. Wealth will fight against anything that will diminish their standing and power. Until proven otherwise, many will assume government will simply screw things up, making them worse not better. The hurdles are huge.
But President Obama does represent a fresh approach to preparing for the future. He has the bully pulpit, and some powerful levers he can pull from his position.