Posts Tagged ‘economy’

Lucky 7

14Jul10

Why do the American people want congress to change hands to Republican control? It might have something to do with the fact that 55% of voters consider the president to be a socialist. And press secretary Robert Gibbs is right – it has tons to do with the economy, and the perception that Obama’s socialist […]


Bad For B

11Jul10

How bad are things for the Obama cabal? The recovery appears to be stalled, with many economists expecting a prolonged malaise to set in. The problem for Obama and Dems: While they need to argue that their policies are responsible for stabilizing the economy and putting us on the road to recovery, how do they […]


Spilling Red

11Jul10

More stimulus or balance the budget – which move is the right one for the U.S.? The Keynesian approach seems to be accepted as the correct one today, but Harvard economist Niall Ferguson says more stimulus spending isn’t a great answer. It’s not like we haven’t tried Keynesianism in the past. Indeed, it was orthodoxy […]


Stop Spending

29Jun10

Barack Obama, struggling to communicate any emotional connection to lives devastated by the Gulf Oil Crisis, could take some lessons from Rick Santelli of CNBC. It’s the same advice he’s ignoring from the American people.


Crashing Down

27May10

There’s talk at the White House of need for a new stimulus. Larry Summers, President Barack Obama’s top economic adviser, has asked Congress to “grit its teeth” and approve a fresh fiscal boost of $200bn to keep growth on track. “We are nearly 8m jobs short of normal employment. For millions of Americans the economic […]


Bad Forecast

21May10

Hot economist Nouri al Roubini isn’t optimistic about the economic outlook if the United States, among other countries, doesn’t get its debt situation under control. He’s calling on governments to cut spending and raising taxes, but doubts any one government has the political capital to do it. He recommends getting more into cash, and possibly […]


To Consider

11May10

Some things to consider… …from today’s Boston Globe: The economy needs a half million new jobs every month for the next four years, just to return to the prerecession unemployment rate of 2006. And that economy was nothing to brag about, with average wage growth lagging behind inflation since 2001. 500,000 jobs a month! Will […]