Friday, July 29, 2011

Obama's "Failed Stimulus"

I'm getting sick and tired of everyone referring to Obama's "failed stimulus".

But what really bugs me is that almost no one is bothering to point out that the stimulus actually prevented the Second Great Depression.

The vast majority of economists agree that the economy needed stimulus, funded by deficit-spending.

And they were right.

(In looking at that graph, note that Obama signed the 'Recovery Act' in February of 2009).

I understand that the recovery wasn't as strong as that flouted by Obama's advisers when they were trying to pass the bill. I get it. Either the economists were wrong. Or they over-stated their case in order to get the legislation passed. Just like Colin Powell "over-stated" the evidence for WMDs, and President Bush "over-stated" the need to give $1 trillion to Wall Street in September of 2008 with no strings attached.

If McCain had won, he surely would have signed a large stimulus bill in his first month in office, just like Obama did. And it would have had similar results to the bill Obama signed.

And every Republican would have been touting the brilliant policy signed by President McCain in order to pull us out of the Bush Tailspin. The only reason everyone with an '(R)' next to their name hates the stimulus so much is because it was done on Obama's watch.

(And of course we'd be in better shape now if Bush had signed a similar bill before leaving office, instead of borrowing from the next generation to write a big check to Wall Street).

Even three years after the death of Lehman Brothers, conservative publications like The Economist are still recommending "short-term stimulus and medium-term deficit reduction". In other words, the 2009 stimulus was too small.

Can we step back from the political bickering for a minute to actually think about what's best for the country? The GOP isn't stupid. They know the economy needed stimulus, and still needs stimulus. But they also know that if the unemployment rate stays above 9%, they might beat Obama in 2012. If it wasn't hurting real people, I would applaud the ingenuity of this strategy.

Saturday, July 23, 2011

2011 Offensive Line Rankings

Based on career stats for all active linemen (adjusted for age, and weighted for recent performance and injuries) here are ratings for the current offensive lines for all 32 NFL teams. For individual ratings for each offensive lineman, you can download this year's version of Football Mogul, which is 100% free (no time limits or registration required).

Rank Team Overall Run Blocking Pass Blocking 2010 Rank
1 New Orleans Saints 94 94 94 1
2Carolina Panthers92.598874
3Tennessee Titans8985932
4Minnesota Vikings87.5958010
5New England Patriots8782925
6Baltimore Ravens86.590837
7Atlanta Falcons85.581906
8Denver Broncos85.5868514
9Cincinnati Bengals85.0799116
10New York Jets84.584853
11Buffalo Bills84.5898026
12New York Giants84.0798913
13Houston Texans83.5798820
14San Diego Chargers83.5769119
15Dallas Cowboys83.585829
16San Francisco 49ers83.0858118
17Philadelphia Eagles83.0848221
18Arizona Cardinals82.5818411
19Green Bay Packers82.0867822
20Detroit Lions81.5818228
21Oakland Raiders81.5838029
22Jacksonville Jaguars81.0867617
23Miami Dolphins81.086768
24Tampa Bay Buccaneers80.5768525
25Cleveland Browns80.0768415
26Chicago Bears79.0778124
27Pittsburgh Steelers78.5837427
28Kansas City Chiefs78.5807723
29Indianapolis Colts77.0748012
30Seattle Seahawks73.0757130
31Washington Redskins73.0767032
32St. Louis Rams72.0766831