Fiscal Policy

Wednesday, February 23rd, 2011
"Rather helpfully, on the Bank’s website there is an explanation of how Quantitative Easing was supposed to improve the economy.
Tuesday, February 22nd, 2011
"The President's budget is informed by his belief that government has a strategic role to play in guiding the economy. That means in some cases picking winners and losers and directing capital to individual industries and technologies that have a shot at delivering jobs and economic prosperity.
Tuesday, February 22nd, 2011
"Many governors face more than a spending crisis. They preside over failed systems that have discouraged fiscal restraint and sometimes preferred the interests of state employees to the interests of taxpayers.
Monday, February 21st, 2011
"Classic Obama debt reduction: Add $2 trillion in new taxes, then add another $1 trillion in new spending and, presto, you've got $1 trillion of debt reduction.
Wednesday, February 16th, 2011
"Budget plans seldom have happy as a starting point. Spending proposed by the White House Monday is certainly no exception.
Monday, February 14th, 2011
"Freshman Wisconsin senator Ron Johnson, one of the most promising of the new wave of Tea Party-allied Republican legislators, was chosen to give the Republican radio address, delivered just after President Obama’s weekly radio offering, on Saturday, January 29.
Monday, February 14th, 2011
"The Pimco Total Return Fund is the world’s largest bond fund, so Bill Gross’ market moves and musings can carry a lot of weight in the markets. Gross is founder and co-chief investment officer of Newport Beach, Calif.-based Pimco.
Monday, January 24th, 2011
"Mr. Trichet argues that budget discipline would help growth in Europe more than renewed stimulus, and called on the euro zone's 17 member countries to strengthen "surveillance" of each other's fiscal policies.

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