A Prescription for Economic Recovery

August 28, 2012 Staff 0

Do not expect to hear details about the economic proposal of the Republicans or the Democrats– the issue that is of most concern to the population. Therefore, we outline what needs to happen.

Fiscal Cliff is Economic Stimulus in Reverse

August 27, 2012 Staff 0

If $641 billion is extracted from the economy, it would lead to a contraction in income and jobs by an amount that is much greater than the original spending cuts. That is, the multiplier will work in reverse.

The Fiscal Cliff – An Approaching Disaster

August 21, 2012 Staff 0

The Congressional Budget Office (CBO) projects that GDP growth will average 2.2% in 2012. However, if the fiscal cliff occurs, growth in 2013 will decrease to 1.1%. This will occur if stimulus policies expire.

QE3: More FED Quantitative Easing is Useless!

August 16, 2012 Staff 0

The economy will not benefit from QE3. The best thing the FED can do for now is sit on the sideline and wait for the actions it has taken in the past to have their full effect. Sometimes the best action is no action.

Major Economic Indicators Steady for the Week

August 13, 2012 Staff 0

The economy continued to grind along slowly and did not show any signs of moving away from its current growth path of 1.5%, neither in an upward nor downward direction. Things not expected to change soon.