House passes the granduosly named American recovery and reinvestment plan, and, it is irrelevant at this point. For this plan is not far sighted enough nor does it change the game in any way. But don’t blame the president for this, for he was just working with in the boundaries of consitution. Fact is this [...]
Posts Tagged ‘US recession’
American recovery and reinvestment plan…. Whatever!
Posted in Economy, Energy technology, Environment, Environmentalism, Financial Markets, Incidental-musing, Investment, Legislation, Media, Stockmarket, Technology, Thought-Trails, tagged American recovery and reinvestment plan, Broadband internet access, Conservative Economists, Depression, Economic Depression, Financial Markets, Global depression, Global Economy, Global Recession, Green Energy, High speed rail roads in US, House, Hybrid cars, John Kenneth Galbraith, Liberal Economists, Main Street, National Power grid, Senate, stock markets, Tax breaks, Tax cuts, US Economy, US House of representatives, US Infrastructure, US Politics, US recession, US Senate, world economy on January 28, 2009 | Leave a Comment »
It’s official… We are in a recession
Posted in Economy, Financial Markets, Investment, Stockmarket, tagged Recession, US Economy, US recession on December 1, 2008 | 1 Comment »
NBER finally made its statement and we are in an official recession.
Apparently economic activity peaked in December 2007.
Why a fiscal stimulus is more important than a monetary stimulus to the US Economy…
Posted in Financial Markets, Investment, Stockmarket, Thought-Trails, tagged Calculated Risk, Dollar Value, Economy management, FED, Fiscal policy, Larry Summers FT Column, Monetary policy, Naked Capitalism, Nouriel Roubini, Purchasing power, REG Economic Monitor, US Economy, US recession on January 6, 2008 | 2 Comments »
Now that most economists / analysts and other pundits are rather assured about recession in the US economy, and have started talking about the depth or intensity of it. The blogs are abuzz with the various views on the status of economy. While some predictions are dire, there are others which do not think so. [...]
