Europe’s More Screwed Than U.S.: Um…yay? Baseline Scenario breaks down why the economic situation in Europe is worse than it is here. Arnold Kling pops in to add hilarious “United States as the ‘tallest pygmy’” metaphor. 
How’s that Bipartisanship Going? To no one’s surprise, the House passed the stimulus plan with 0 Republican votes (7 Dems crossed the aisle to vote no). Now it is back to the Senate. The important things to look at here are the fact that Nancy Pelosi looks like Mary Tyler Moore in the pic included …

Baseline Scenario (aka My New Favorite Blog) explains why the executive pay cap that Obama announced is less stern punishment for a misdeed and more “Your mother wants me to yell at you, so I’m going to raise my voice and you can slam your door. But we’ll meet in the kitchen later for ice cream”: