Posts Tagged ‘ spending ’

Personal Income and Spending Up: Updated

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0
August 29, 2011
Disposable Income per capita8-29-2011 10-08-50 AM

From Calculated Risk: PCE increased 0.8 in July, and real PCE increased 0.5% as the price index for PCE increased 0.4 percent in July. Note: The PCE price index, excluding food and energy, increased 0.2 percent, the same increase as in June. Income was up.3%, which was as expected. The savings rate declined. Doug Short has...
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Is Fiscal Stimulus the Answer?

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3
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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