stimulus

If you have been watching the news flow in the last month, you would certainly have the impression that there are an increasing number of large layoffs – Sam’s Club being a notable one.  Before January, the jobless claims numbers…

A reader who invests in emerging markets sent me an interesting article from the South China Morning Post. Excerpts are below. China's economic stimulus programme has accelerated the already aggressive pace of urban development in the…

I re-posted my April 2009 post, “Barack Obama as Herbert Hoover” in response to the recent deficit reduction gimmick offered up by the Obama Administration and Marshall’s similarly titled “Barack Hoover Obama.”  The point of my post…

I wrote this in April 2009 about the Federal Reserve’s machinations: You should note that only the fiscal stimulus required legislative approval. All of the other ’stimulus’ has been done without Congressional approval and largely…

China has been very successful in maintaining GDP growth in the midst of one of the worst global downturns on record.  In 2009, the concern was how an export collapse would trigger slow growth and unemployment. But as 2010 begins, for…

Bond king Bill Gross has gone populist. He starts his latest monthly investment outlook with an indictment of capitalism as practiced today in the United States that is a frontal assault on the corruption we are witnessing in Washington. As…

Marshall Auerback here with a commentary on Robert Rubin’s recent Newsweek article on getting the economy back on track. As we all know, during his tenure as Treasury Secretary, Robert Rubin laid the groundwork for today's crisis through…

Holiday people, as we head into the new year, I’d like to get the pulse of Credit Writedowns readers on the state of the economy. Last night, I started a poll asking how long the recovery will last. I am not sure whether the poll…

Arnold Kling makes an important contribution to the debate about fiscal stimulus and double dip recessions which was also pointed out to me in the comments of my recent double dip post: Paul Krugman provides an analysis showing…

Remember when I said the following: GDP as reported From my view point point, the interesting bit about GDP is NOT inflation (i.e. real vs. nominal GDP), but rather the fact that the number which is reported is a first…