Limnulus

by Russ Roberts on February 26, 2009

in Stimulus

In this earlier post, you helped me come up with some names for the spending package. Limn means to illuminate or describe. So limnulus (the "n" is silent) is to describe or illuminate the stimulus package. OK, I can't sleep–I'm recovering from the flu and these weird words keep flashing through my brain. React in the comments or add your own:

Sinkorswimulus–we just had to pass it. We didn't have a choice

Head-I-win-tails-u-lus–if the economy gets better—it was because of the stimulus. If it tanks further, the stimulus just wasn't big enough

Grimulus–what I'm worried we're in for

Grimmulus–the fairy tale that spending a dollar produces $1.50 of wealth.

I think the last one is my favorite. But hey–it's five in the morning, I should be asleep, and my judgment is highly suspect.

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  • Unit

    Hocus pocus

    the stimulus


    from the POTUS

  • TrUmPiT

    From Laugh-in: sock-it-to-us


    Fizzle-out-on-us if you think this is going to look promising but fade too soon.


    May-the-stimulus-be-with-us from Starwars


    Get-funky-hippity-hop-rappulus


    What would Linus Pauling have recommended for an economy with the flu? ascobic-acid-is-a-must-4-us.


  • The flu, Russ?

    Have you been supplementing with vitamin D?


    View this presentation.


    My wife and I have been taking 2,000 units each day. This season she managed to avoid contracting any of the viruses raging through her workplace (veterinary hospital).

  • Inflatulus - as pronounced in flatuence - would be better.

  • Matt

    Changulus-both for the paltry $13 per week and for Obama's favorite word. You know, Castro brought change too!


    Falzhopulus - False hope


    "The Singularity" - in honor of Ray Kurzweil. Is he not "The One"?


    Inflatulus - INFLATION!

  • Matt

    Kidzulus - "kids you lose", to play on the generational theft.


    Staywithus- debt that hangs around, the entitlements persist.





  • I've been calling it the Spend-u-Must, because that's what Obama says we must do or ELSE.

  • Obama thinks that every opportunity for the government to borrow and spend will create wealth, so why not spend big?


    Obama and the Democrats have indeed announced that their policies are based on a 1.5 "Keynesian economic multiplier" that will improve the economy.


    If Obama is correct, that there is a 1.5 wealth multiplier on spending, then $100 in spending produces $150 in wealth, and we should all benefit from counterfeiting.


    It is not my fault that the beliefs of the Obama economic team are so outrageous that they lead to this outrageous result.




    Let's Counterfeit Our Way to Wealth


    ---- quote -----

    Excerpt:


    This counterfeit money should have the same 1.5 multiplier associated with government spending. The money won't be saved, it won't go to the taxpayers (who have their own money), and it will get into circulation immediately where it can stimulate the economy and even create more tax collections.


    Even better, there is no need to borrow money or raise taxes to get back the money, because this would create it at very low cost. The investment and job creation plans of the taxpayers would not be interrupted.


    (There are some simple calculations at the link.)

    ------- --------


    Where have I gone wrong? By believing Obama and Keynes. Maybe they don't care if they are wrong, as long as they get to spend the money.


  • T L Holaday

    "Summers Smoothie" because the idea is to use an occasion of spare capacity to do some necessary repairs and improvement to public goods.

  • I prefer "Justdosomethingulus" rather than "Sinkorswimulus."

  • Bill R

    I correct myself...it was proposed in the other thread...though my Stymie-US variant is worthwhile imo.

  • Bill R

    Stymie-US or Stymielus to identify the true effect of the slowing the leveraging is my humble suggestion.

  • Michael Smith

    The term I propose for this bill is “lootimus”, for the only thing it is stimulating is the looting of America’s taxpayers. This bill is not merely a one-time transfer of a trillion or so dollars out of the pockets of those who earned it and into the pockets of those who did not -- it’s also a commitment to expanding the looting of our children and their children.


    By the way, for an excellent presentation on the genesis of our current financial crises, I invite you to watch a presentation by John Allison, chairman of the board of BB&T, a $137 billion financial services and banking company. This is the first time I’ve heard an “insider” discuss the causes of this crises. You can see the presentation here: LINK

  • Cheers

    Alchemulus: The study of the transmutation of Spending to Growth

  • Spendulus makes the most sense, but I like the others -- perhaps, Flimulus, or flimflamulus

  • Cheers

    Unulus - When the an act to strengthen unions and increase faltering wages gets tagged onto the next bill designed to support a faltering economy.

  • Jacob Oost

    Hey, I had grimulus in the original thread! I demand recognition!!!!

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