Will More Government Spending Fix the Economy?
The nation is clearly fed up with a jobless recovery going in the wrong direction. And statements like this one from the White House don’t help…
The nation is clearly fed up with a jobless recovery going in the wrong direction. And statements like this one from the White House don’t help…
Can Presidential hopeful Rick Perry and cohorts Paul Ryan, Michele Bachmann and Ron Paul scare Bernanke out of more quantitative easing? History says…
The day before Bernanke’s speech I told my paid readers that Bernanke would punt. I was right. That’s exactly what he did, from fear, but not fear of inflation.
This morning gold is up and oil prices down, a sign that the market expects Bernanke to underwhelm with his speech at 10am. I agree. Here’s why…
Low-interest rates help companies borrow. They help banks and hedge funds make money with “free money.” But do they help you? And does the government care?
The US recovery isn’t going as hoped. Indicators have already turned lower. And DC’s last round of stimulus only bought the economy 3-4 months of decent growth.
Don’t do it, Ben. Don’t foist another QE upon us. Don’t you have any other ideas lurking inside that globular head of yours? If you don’t, we’re in trouble.
Why should QE work a second time if it didn’t work the first time? And why aren’t we growing at a more typical 5% rate at this stage of recovery than our 2% rate? All very good questions…