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Economic Stimulus

Fed Isn't Too Worried About Weak Economic Growth, Will Cut Stimulus Further

Reuters | By Howard Schneider and Michael Flaherty | Posted 04.30.2014 | Business

WASHINGTON, April 30 (Reuters) - The Federal Reserve on Wednesday looked past a dismal reading on first quarter U.S. economic growth and announced a c...

What's Crippling the Recovery, Lack of Investment Demand or Too-Big-to-Lend Banks?

Mary Manning Cleveland | Posted 03.23.2014 | Business
Mary Manning Cleveland

Under incoming Federal Reserve Chair Janet Yellen, the United States Federal Reserve Bank will begin to "taper" its program of "Quantitative Easing" o...

Dance And Capitalism: A Love-Hate Relationship

Nora Younkin | Posted 01.16.2014 | Arts
Nora Younkin

What is the biggest crisis facing contemporary concert dance? If you ask almost anyone in the field, they won't say talent is sparse. They won't say there is a creativity deficit. They won't say there aren't enough innovative collaborators.

The Fed Isn't Ready To Stop Feeding The Economy Easy Money

AP | MARTIN CRUTSINGER | Posted 10.30.2013 | Business

WASHINGTON -- WASHINGTON (AP) — The Federal Reserve says the U.S. economy still needs support from the Fed's low interest-rate policies because it i...

Fed To Stick With Stimulus For Now

Reuters | Pedro da Costa and Alister Bull | Posted 09.18.2013 | Business

WASHINGTON, Sept 18 (Reuters) - The U.S. Federal Reserve said on Wednesday that it would continue buying bonds at an $85 billion monthly pace for now,...

Looking Forward to Labor Days to Come

Tom Steyer | Posted 11.06.2013 | Green
Tom Steyer

Earlier this week, many of us took a day to reflect on and celebrate hard-working Americans and their efforts to build a better country, better commun...

Who Knew? On the Recovery Act, Keynes Had It Right All Along

Jared Bernstein | Posted 10.19.2013 | Business
Jared Bernstein

When the stimulus was kicking in, adding significant demand to the economy, real GDP and job growth quickly turned less negative, with GDP turning positive later in 2009, and job growth beginning in early 2010. Moreover, as the stimulus flattened, so did they.

"If He's For It, They're Against It!"

Rick Horowitz | Posted 10.05.2013 | Politics
Rick Horowitz

Opposing can be so exhausting! No wonder Congress gave itself a five-week vacation. Maybe the prez needs a new approach when they get back... ...

When Stimulus Leaves

Jared Bernstein | Posted 08.24.2013 | Business
Jared Bernstein

Stimulus comes and goes, as it should. The fact that it creates some drag when it departs is fine, as long as we get the timing right. The problem is when you screw up the timing, and that's what it looks like we're doing -- again.

Bank Of Japan Launches 'Unprecedented' Stimulus Package

Reuters | Posted 06.04.2013 | Business

* BOJ changes policy target to base money from interest rates * Combines bond-buying schemes, targets JGBs across curve * BOJ to double JGB,...

When Is Federal Debt Not a Burden?

Harlan Green | Posted 05.05.2013 | Business
Harlan Green

It is very basic economics 101. Just cutting spending doesn't reduce debt without also investing in future growth.

Eric Cantor's Ancient Endeavor

Paul A. London | Posted 04.09.2013 | Politics
Paul A. London

Steering the Republican Party away from its accustomed negativism is an ancient endeavor. Henry Simons, a founder of the ardently free enterprise Chicago School, tried unsuccessfully to do so in the 1930s.

The Glorious Gloria Explains It All

Barbara & Shannon Kelley | Posted 12.15.2012 | Women
Barbara & Shannon Kelley

It happened again the other day: I was being interviewed by my introductory journalism class when I was asked 'The Question.'

Why QE3 Won't Jumpstart the Economy -- and What Would

Ellen Brown | Posted 11.25.2012 | Business
Ellen Brown

An injection of money into the pockets of consumers would actually be good for the economy, but QE3 won't do it. The Fed could give production and employment a bigger boost by using its lender-of-last-resort status in more direct ways than the current version of QE.

Governments May Actually Need To Help Boost Growth, Leaders Say

Reuters | Posted 11.24.2012 | Business

* G20 deputies eye global economy with concern * Delegates say "currency wars" not big issue * Urge governments to do mo...

The Physicist's Economics

Jason Haraldsen | Posted 11.20.2012 | Business
Jason Haraldsen

If you are corporation or stock analyst, then you are likely to say that the economy is doing pretty well. But if you ask the average employee, then you are worried that your job may be on the chopping block. So why is there such a disparity?

Why Is Wal-Mart Silent?

Paul A. London | Posted 10.28.2012 | Business
Paul A. London

Wal-Mart should be standing on a soap box denouncing the Republican Party for proposing exactly the policies Republicans championed in the 1930s.

Dow Ends Up Falling Despite Stimulus Hopes

AP | The Associated Press | Posted 10.22.2012 | Business

Slightly better economic growth and stronger housing sales nudged the stock market higher Wednesday. The Dow Jones industrial average managed a four-p...

How to Get to Full Employment Despite the Political Constraints: Robert Pollin Explains the Economics

Anis Shivani | Posted 10.14.2012 | Books
Anis Shivani

A short new book by Robert Pollin, Back to Full Employment, offers some much-needed clarity as we head into the election season with unemployment still hovering unacceptably at over 8 percent.

Full Employment Needs To Be A National Priority Once Again

Allan Brawley | Posted 10.10.2012 | Politics
Allan Brawley

A new book by an award-winning journalist, Timothy Noah, draws on a broad range of social science research to illuminate the magnitude and causes of the growing income disparity between the most affluent segment of American society and everyone else.

A Little Consistency, Please

Paul N. Van de Water | Posted 10.03.2012 | Politics
Paul N. Van de Water

Those decrying the adverse economic consequences of looming budget cuts are often the very same people who claim that the 2009 fiscal stimulus didn't add jobs.

We Could Still Be In A Recession If Not For The Stimulus, Report Finds

The Huffington Post | Alexander Eichler | Posted 05.02.2012 | Business

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 ...

Mitt Romney Campaigning At School That Received Stimulus Funds

The Huffington Post | Sam Stein | Posted 04.27.2012 | Politics

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...

Stuck at Zero

Jared Bernstein | Posted 06.03.2012 | Business
Jared Bernstein

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.

Eurozone Follies: Confusing Callousness for Courage

Jeff Madrick | Posted 05.27.2012 | Business
Jeff Madrick

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.