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A year after the US economy stopped falling, we are still mired in "the worst labor-market crisis since the Great Depression," writes Laura Tyson in The New York Times. Voicing the consensus of the left-liberal economic establishment -- she's reportedly a leading candidate to head up President Obama's Council of Economic Advisers -- Tyson argues that the US unemployment rate, still stuck at 9.6 percent, is reason to try "a second fiscal stimulus" to raise "aggregate demand." She's wrong in a number of illuminating ways. First, the highest unemployment rates are highly A year after the US economy stopped falling,...

While speaking about the stimulus bill recently, Obama advisor Laura Tyson said The plan turned out to be “a bit too small,” It’s ludicrous for an economics professor who is advising 0bama to make such a statement when it has been widely reported that 10% or less of the $787-billion stimulus has not even been spent yet! Hey LAURA, before you suggest another stimulus, or tell Americans that the first stimulus is “a bit too small,” why don’t you tell us where the rest of the $700 billion dollars are destined for before you start babbling and begging for more?...

The U.S. government's budget deficit will likely be wider than expected this year, a top White House adviser said Tuesday. Speaking at the Nomura Asia Equity Forum in Singapore, Laura Tyson, a member of President Barack Obama's Economic Advisory Panel, said the U.S. economy faces a worse situation than previously believed, and the deficit - already the widest since World War II - may surpass a previous projection of around 12% of gross domestic product. Tyson said her remarks represent her own views and not the administration's official position. ..... As to the size of this additional stimulus, she said...

Note: The following text is a quote: http://www.whitehouse.gov/blog_post/beyond_the_echo_chamber/ Friday, February 6th, 2009 at 12:55 pm Advice from "beyond the echo chamber" We just learned the economy lost another 600,000 jobs last month. It's a staggering number, and it underscores just how deep this crisis is – and, as the President pointed out this morning, it’s accelerating. That's why he created the Economic Recovery Advisory Board -- to solicit ideas from "beyond the echo chamber of Washington, DC." "I’m not interested in groupthink, which is why the Board reflects a broad cross-section of experience, expertise, and ideology," he said. "We’ve recruited...

Former Clinton Economic Advisor Laura Tyson to Host Conference Call to Discuss Dick Cheney's False Attack 3/29/2004 10:32:00 AM -------------------------------------------------------------------------------- To: Assignment Desk, Daybook Editor, Political Reporter Contact: Chad Clanton of John Kerry for President, 202-712-3000, Web site: http://www.johnkerry.com News Advisory: Laura Tyson, the former Chair of the President's Council of Economic Advisors, will host a conference call at 11:45 a.m. today to discuss Dick Cheney's misleading comments and the Administration's fiscal irresponsibility. Tyson, who also served as President Clinton's Chair of the National Economic Council, will discuss John Kerry's plan to lower corporate taxes to encourage job creation...

Monday in Nashua, New Hampshire General Wes Clark announced his Families First Tax Reform, the most sweeping tax plan to be offered by a presidential candidate in years. His tax-simplification plan will make the tax code more progressive, relieve the working-family squeeze and reduce poverty. Under the Clark plan, a family of four making up to $50,000 will pay no federal income taxes, and all tax-paying families making up to $100,000 with children will get a tax cut. "The bottom line: our tax system is broken," Clark said, "and I want to fix it. The Republicans are always talking about...