We Could Still Be In A Recession If Not For The Stimulus, Report Finds
The recovery's been weak these last few years. But if the federal government hadn't reacted to the financial crisis the way it did, things would have ...
The recovery's been weak these last few years. But if the federal government hadn't reacted to the financial crisis the way it did, things would have ...
The Huffington Post | Sam Stein | Posted 04.27.2012
Mitt Romney is set to campaign at Otterbein College on Friday for an event that his campaign is describing as a roundtable with graduating students. A...
Jared Bernstein | Posted 04.03.2012
I've pretty much stopped exhorting policy makers to engage in deficit-financed fiscal stimulus, not because we no longer need it -- we do -- but because it feels like a waste of time. With the fading of the Recovery Act along with state and local budget cuts, U.S. fiscal policy has turned contractionary. Yes, the economy is getting better, and pretty consistently at that. But it's still a slog, and gas prices are pushing the other way, among other factors. So I'm going to briefly drag the idea of stimulus out of hiding for two reasons. First, there's been a spate of research on the bang from fiscal stimulus in certain situations. And second, because Europe is providing such a sad, natural experiment of this forgotten thesis.
Jeff Madrick | Posted 05.27.2012
The essence of the euro crisis is that members cannot devalue or control their own monetary policy. But the European Central Bank could have done so. If it had recognized its obligations, the crisis would not have been nearly as great.
Al Checchi | Posted 04.22.2012
With all the rhetoric and finger-pointing between Republicans and Democrats, conservatives and liberals, the 1% and the 99%, all have been part of the problem and no one has mustered the courage to tell it like it is.
Darren Hutchinson | Posted 04.10.2012
Romney opposes the stimulus, but he needs to state legitimate reasons for doing so, rather than misrepresenting the experience of Springs Fabrication.
Lloyd Chapman | Posted 03.24.2012
President Obama is one of the most anti-small business presidents in U.S. history and his policies have devastated the middle class economy. His policies have forced millions of small businesses to close their doors and millions more people to lose their jobs.
Michael Farr | Posted 03.13.2012
It seems reasonable that 12 to 18 months after huge amounts of monetary and fiscal stimulus, we should see evidence of improving data. However, it is very hard to determine clear cause and effect between year-ago stimulus and current economic performance.
Lloyd Chapman | Posted 02.29.2012
Judging by his actions, it seems that Barack Obama is becoming one of the most anti-small business presidents in U.S. history. People need to stop listening to what he says and start watching what he does.
HuffingtonPost.com | Michael McAuliff | Posted 01.02.2012
WASHINGTON -- The high political stakes of winning the debate on jobs was on prominent display Wednesday -- and will be again Thursday -- as both part...
Brett Greene | Posted 12.19.2011
Most of the people I know with student loans do not expect to be able to pay them off in less than 30 years. Some of them do not know if they will be able to pay off their student loan debt in their lifetime.
Robert Teitelman | Posted 12.05.2011
Zuckerman's entire argument rests uneasily on his armchair reading of psychology. Consumers and executives are depressed, anxious, and they will only spend again when they feel better -- not that they are over-leveraged and that aggregate demand is deficient.
Ann Lee | Posted 11.29.2011
Like a cancer that has caused the rest of the economy to get sick, the banking tumor that has grown out of control must be removed or it will eventually kill the whole economy.
Miles Mogulescu | Posted 11.28.2011
As markets warn of the risk of double-dip recession or even depression, politicians in Washington and Berlin -- who claim to believe in "free markets" -- fiddle while Rome may be about to burn.
Peter Smirniotopoulos | Posted 11.08.2011
When what we really needed was a new vision for America and a clear path forward, what we received instead was a collection of tepid, "been there/done that," short-term fixes. A Band-Aid on a shotgun blast.
Lloyd Chapman | Posted 10.31.2011
If the CATO Institute sincerely wants to help get our economy back on track and create jobs, they need to support small businesses, federal small business contracting programs, and my campaign to end the diversion of small business contracts to corporate giants.
Robert L. Borosage | Posted 10.30.2011
Half measures aren't likely to pass anyway. And worse, they constitute presidential malpractice, using the "bully pulpit" to confuse rather than educate the American people about the straits we are in. Far better simply to tell it like it is.
The Relentless Conservative | Posted 10.29.2011
Well, I've now seen it all. Some political observers and pundits now say Hurricane Irene will be good for the economy.
Paul A. London | Posted 10.25.2011
Republican presidential candidates are confused when they attack the Fed for "printing money." So are many others. The Fed was created in 1913 precisely to "print money" when it was needed.
Sen. Fritz Hollings | Posted 10.16.2011
Announcing his candidacy for president, Governor Rick Perry promised: "I'll work every day to make Washington as inconsequential in your life as I ca...
HuffingtonPost.com | Zach Carter | Posted 10.14.2011
WASHINGTON -- Fresh from her victory in the Ames Straw Poll, Rep. Michele Bachmann (R-Minn.) had to defend her positions on government spending and ec...
Nicholas Carroll | Posted 08.23.2011
The standard justification is that "It's in the contract that the bank gets the house if you default." There are three much stronger justifications.
Ellen Brown | Posted 08.23.2011
The half of the budget now going to military pursuits could be better spent. If we are going to double exports in the next five years, as President Obama has pledged, we will need to divert some of the resources poured down the black hole of war to productive civilian industry.
AP | JIM ABRAMS | Posted 07.23.2011
WASHINGTON — Thousands of companies that cashed in on President Barack Obama's economic stimulus package owed the government millions in unpaid ...
Nicholas Carroll | Posted 07.19.2011
A recent report calculates $67 billion a year less in home interest payments are being made than in early 2008, giving credence to what some have been writing since 2009: a dollar not sent to Wall Street is a dollar to be spent on Main Street.
The Huffington Post | Alexander Eichler | Posted 05.02.2012