fiscal stimulus package
| 10:50AM 8/30/2010
In a new survey, economists say the U.S. government should focus on promoting economic growth rather than reducing the deficit in the near term. However, 75% of them oppose another stimulus package.
| 4:30PM 8/26/2010
As he addresses the nation%u2019s weak economy, Fed Chairman Ben Bernanke doesn%u2019t just face the traditional risks of rising inflation or an economic stall, but a polarized, caustic political climate that will make creative solutions even harder to propose, let alone implement.
| 4:30PM 12/14/2009
New York Times (NYT) columnist Paul Krugman (pictured), an economist by training, an Ivy League academic by profession, and no stranger to bold proposals, has offered another big idea, recommending that the U.S. Federal Reserve double its already record-high balance sheet.
Krugman wants the Fed...
| 5:30PM 2/25/2009
Sometimes it's good to take the other side in an argument and see what you get. Since the consensus among economists is that the U.S. recession will last well into the second half of the year, it's interesting to consider whether a recovery has already started.
Now, investors may think it a bit...
| 6:00PM 2/17/2009
The nicest thing you can say about Washington's new economic bipartisanship is that it's a work in progress.
President Obama's $787 billion fiscal stimulus package, signed by the president today, could have contained fewer pet programs, but at the same time Republicans in the House and Senate...
| 8:30AM 2/17/2009
Investors don't have to search far and wide to identify the factors that might perpetuate the U.S. recession beyond mid-year: a forecast that the recession will continue past June is the consensus opinion among economists, Wall Street analysts, and policy makers in Washington.
Even so, economic...
| 11:00AM 2/15/2009
What could be the most controversial component of the roughly $787 billion fiscal stimulus package, as it relates to investors? The "Buy American" clause. Proponents and opponents offer starkly differently interpretations of the clause's impact.
Organized labor and other pro-union groups argue...
| 10:00AM 2/09/2009
As the U.S. Senate prepares to vote on an $820-$900 billion fiscal stimulus bill and send it to a congressional conference committee, a stark reality confronts lawmakers: the stimulus package may not be large enough.
A group led by a handful of moderate Republicans and selected Democrats cut...