Tag Archives: GDP growth

2012 Election—The Propaganda Campaign Begins

Financial FAQs Now that Mitt Romney seems to have sewed up the Republican delegates needed for his Presidential candidacy, the war for the Hearts and Minds of Americans begins in earnest. And we can trust that the Lee Atwater—Karl Rove … Continue reading

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States are Making A Comeback

Financial FAQs The Federal Reserve Bank of Philadelphia has released the coincident indexes for the 50 states for January 2012 that are a measure of current activity, and so a good measure of how widespread is the recovery. In the … Continue reading

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Corporate Austerity Not the Answer in 2012

Popular Economics Weekly Why so much gloom and tentativeness about U.S. economic growth when all the indicators are looking up for 2012? For instance, the Conference Board’s Index of Leading Economic Indicators again showed positive growth ahead. It rose 0.4 … Continue reading

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Smart Government Creates Better Growth

Financial FAQs It is smart government that creates better economic growth, not smaller government, per se.  Smart government means effective government that finances and regulates what the private sector can’t or won’t.  So that doesn’t mean downsizing government for its … Continue reading

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2011—The Year That Wasn’t

Popular Economics Weekly What do we make of this year’s economy, with its ups and downs that have confused even the ‘experts’; and what to make of 2012? Believe it or not, the congressional gridlock that caused the S&P Treasury … Continue reading

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What Decline of Western Civilization?

Financial FAQs It’s hard to know whether Harvard Historian Niall Ferguson means what he says in his new book, “Civilization: The West and the Rest”; that the Western World’s 500 years of predominance are over, thanks to growing debt problems … Continue reading

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Let’s Put Americans Back to Work

Financial FAQs It’s becoming evident that rather than political gridlock, such as the congressional supercommittee’s obsession with spending cuts, we need to worry about economic growth and jobs. And there are some very good ideas on how to do that, … Continue reading

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Employment Report Means Holiday Cheers!

Popular Economics Weekly Not only were the employment numbers for the past 3 months much higher than originally estimated, but job openings are growing. All we need now is for consumers’ credit conditions to ease to bring back their confidence. … Continue reading

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Dear Supercommittee: “It’s Consumer Spending, Stupid!”

Financial FAQs “With only about a month remaining before its recommendations are due, lawmakers on the congressional supercommittee charged with finding savings from the federal budget wrestled with cuts to defense, foreign aid and other programs on Wednesday”, said Bloomberg … Continue reading

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The Fed’s Paralysis—Who Will Do the Right Thing?

Popular Economics Weekly I actually agreed with Fed Chairman Bernanke in his latest Jackson Hole speech, when he said the Fed can’t grow the economy without some help. The weak growth of late has panicked markets, and Fed policy doesn’t … Continue reading

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