Department of "Huh?!": Fifty Herbert Hoovers Watch

Jeremy Gerst and Daniel Wilson:

Fiscal Crises of the States: Causes and Consequences: [T:]he impact of state fiscal crises on the overall economy will likely be more modest. Projected 2010 state budget gaps account for only about 1% of national GDP. The combined state budget gaps from 2009 through 2012... total less than the estimated cost of the 2009 federal stimulus package...

Let's give the microphone to Rex Nutting:

CBO fights back at stimulus critics: The $800...