Posts Tagged ‘ fiscal policy ’

Martin Feldstein on the Economy, Credit Markets and Economic Risk

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February 21, 2008

Martin Feldstein, stepping down from heading up the National Bureau of Economic Research since 1977, has piece in the Wall Street Journal that is rather pessimistic about the economic outlook. More tellingly he thinks the recession, if it occurs (and like me, he suspects it has already begun) will be more difficult to stimulate...
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Today’s Links: The Grinding Gears of the Economy

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January 30, 2008
Today’s Links: The Grinding Gears of the Economy

The GDP numbers came out yesterday. For a breakdown, including the inflation component, go here. For the announcement from the BEA go here. The Fed also cut rates by 50bps. Here is the Journal’s story. Reactions: Barry Rithotlz- Q4 GDP: El Stinko! • Consumption slowed to 2% from 2.8% in Q3; I suspect that...
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Today’s Links: Skepticism Abounds

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January 25, 2008
Today’s Links: Skepticism Abounds

Morningstar takes a look at the Long/Short category of mutual funds. They, like I, appreciate John Hussman. China turned in yet another double digit year: China’s economy grew by 11.4 per cent in 2007, the highest pace in 13 years, but the trend of decelerating exports to a slowing US recorded in the final...
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Krugman on Fiscal Stimulus

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January 20, 2008

I have my doubts as I have expressed before, as well as less directly in other places. Jon Henke takes a look at what Paul Krugman has had to say in the past. Download article as PDF
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Today’s links: Washington tries to step up

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January 17, 2008

Ben Bernanke gives Congress and the President the green light to take steps to stimulate the economy along with a warning: Fortunately, the Fed has some ideas on what they should–and shouldn’t–do. Bernanke’s remarks came with a warning that any fiscal bailout “could prove quite counterproductive” if it’s not done in a timely manner...
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Is Fiscal Stimulus the Answer?

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January 11, 2008

The economy is slowing, and if we are not already in a recession (I think we probably are) the risks of one are certainly high. So should our politicians do something with fiscal policy? Alex Taborrak says no: Fourth, in their desperation to “do something” politicians will often do something foolish. If a spending...
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