The Brazilian government unveils a new stimulus package to boost manufacturing, particularly in the key car sector, to try to boost economic growth.

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Brazil cuts tax amid growth doubt

Chancellor Angela Merkel of Germany said she would discuss stimulus programs to get the Greek economy growing again and that she was committed to keeping Greece in the euro zone.

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Greek Stimulus Is an Option, Merkel Says

PARIS — Newly installed French President Francois Hollande declared Tuesday that he would propose a “new pact” to his European partners emphasizing economic stimulus in addition to the fiscal discipline imposed by Germany. Read full article > >

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Hollande proposes ‘new pact’ for Europe in inaugural address

BERLIN — French President-elect Francois Hollande and German Chancellor Angela Merkel have each been prescribing the same salve — growth — to ease Europe’s economic ills. But the medicines vary sharply on either side of the Rhine. Read full article > >

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Germany remains opposed to calls for economic stimulus in Europe

PARIS — France wound up a long and rancorous presidential campaign Friday with opinion polls predicting victory for Francois Hollande, the Socialist candidate who promises economic stimulus measures to soften the austerity cutbacks imposed by President Nicolas Sarkozy during the European debt crisis. Read full article > >

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French presidential campaign ends with Sarkozy trailing

“Washington promised to create American jobs if we passed their stimulus, but that’s not what happened. . . . American taxpayers are paying to send their own jobs to foreign countries.” — New TV advertisement by Americans for Prosperity Read full article > >

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Over-the-top attacks on Obama’s green-energy programs

Wall Street stocks traded down more than 1 percent, despite encouraging payrolls data, as investors digested information suggesting further monetary stimulus action is unlikely from the Fed.

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Stocks Trade Sharply Lower

Former Sen. Arlen Specter’s new memoir, “Life Among Cannibals ,” recounts his party switch, votes for President Obama’s stimulus package and the health care plan. But it’s not just about politics. For example, in one steamy passage on page 156, he recalls riding on Sen. John McCain’s (R-Ariz.) campaign bus in 2008 with former Alaska governor Sarah Palin. Read full article > >

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Sarah Palin ‘radiated sensuality,’ says Arlen Specter

“Stimulus was supposed to be quick. In fact, they never intended to spend it and will not completely have effectively spent it until after the president’s re-elect. Always looking at how do you get the maximum hit when the president was up for re-elect.” Read full article > >

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Did Obama delay stimulus spending to aid his reelection?

In case you haven’t noticed, the economy is actually getting better. Noticeably better. Yes, it’s been painfully slow in coming, as we continue to tack against strong headwinds coming from Europe and the Middle East as well as the strong ebb tide created by the wind-down of fiscal stimulus. And certainly the recovery has been halting and uneven. Read full article > >

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Steven Pearlstein: Signs the economy has shifted in the right direction

“Three years ago, a newly elected President Obama told America that if Congress approved his plan to borrow nearly a trillion dollars, he would hold unemployment below 8 percent.” — Mitt Romney, Feb. 4, 2012 Read full article > >

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Mitt Romney’s claim that Obama said stimulus would keep unemployment below 8 percent

We’d be remiss in not mentioning that today is the three-year anniversary of the 2009 American Recovery and Reinvestment Act. So what do we know about the stimulus, three years later? Well, we know that the economy is still lousy, with millions of Americans out of work. But it’s hard to know what the counterfactual is. The University of Chicago’s Booth business school recently surveyed the nation’s top economists, and the vast majority agreed that the economy would be in worse shape today without the stimulus. How much worse? One possible clue comes in this graph from today’s Economic Report of the President , showing that the recent U.S. recession was far less severe than the average downturn associated with past financial crises: Read full article > >

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The stimulus bill, three years later

The Federal Reserve is actively considering a new round of asset purchases to boost the economy, according to minutes of the central bank’s January meeting released Monday. Concerned that economic headwinds would hold back the fledging recovery, a few Fed officials already favor purchases of additional assets this year, and several others are open to the move if the economy deteriorates, according to the minutes. Read full article > >

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Fed officials open to stimulus action, minutes show

Ener1, an electric car battery company that the Obama administration awarded a $118 million stimulus grant to expand its operations , filed for Chapter 11 bankruptcy protection Thursday after being unable to repay pressing debts. Read full article > >

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Obama-backed car battery company files for bankruptcy protection

Before you can ask whether President Obama has done a good job, you need to ask — and answer — another question: Compared to what? Take Andrew Sullivan’s essay on Obama’s record, which is getting a lot of attention. Sullivan writes that “the job collapse bottomed out at the beginning of 2010, as the stimulus took effect. Since then, the U.S. has added 2.4 million jobs.” Is that a good record? A bad one? It’s impossible to say until you’ve defined what you’re comparing it to. Read full article > >

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Has Obama done a good job? Well, compared to what?