Thursday, 31 July 2014

Economic Policy

Jobs, and Obama’s Common Sense

May 11, 2012

Reuters reports that employers cut back on hiring, again, in the month of April. Certainly this is a very important outcome in an election year. The perceived health of the economy can play in favor or against the candidate – in the opposite direction. A perceived healthy economic outlook favors the incumbent President, but works […]

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“The Return of Stagflation” – WSJ

Posted by Tom Duncan
May 24, 2011

“‘Stagflation” is an ugly word for an ugly situation: persistent high inflation combined with high unemployment and stagnant demand in a country’s economy. The term was coined by British politician Iain Mcleod in a speech to Parliament in 1965. We haven’t experienced it here in the United States since the bad old days of the […]

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“Debt-Ceiling Strategies” – NRO

Posted by Tom Duncan
April 26, 2011

“The conventional wisdom in Washington — on the left and among many on the right — is that the debt ceiling must be raised in order to avoid defaulting on the national debt, a potentially catastrophic scenario, the thought of which has business and financial leaders lobbying hard to raise the ceiling. Plenty of conservatives […]

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Deficit Spending on the Backs of the Poor

Posted by Tyler Watts
April 25, 2011

Rejecting any serious cuts to government spending, President Obama stated recently, “Nothing is easier than solving a problem on the backs of people who are poor, for people who are powerless and don’t have lobbyists or don’t have clout.” Exactly. In the context of Obama’s much-discussed budget speech of a few days ago, one would […]

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“A Good Exit Strategy Proposed by Philadelphia Fed President Plosser” – WSP

Posted by Tom Duncan
April 21, 2011

“Previous statements about exits by Fed officials simply listed the tools that could be used in an exit strategy, but did not actually put forth an exit strategy. In contrast, President Plosser describes a specific strategy. Two things are very attractive about strategy. First, it aims is to return monetary policy to one in which […]

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