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The real action is with the president right now. Was it which are the best jobs measures to get America back to work? He essentially said, "OK, I worked with the opposition -- who recklessly used default as a bargaining chip -- to do some deficit reduction. It's keeping your foot on the accelerator, which is helpful, but not as helpful as pushing down further. That's the kind of second guessing, negotiating-with-yourself that has us stuck in the mud. Their presidential candidates have their fingers crossed hoping there is no job recovery because it might help them become president. The first two are already in the system -- they should be renewed but let's be clear: Tell them that their own and their children's well-being is actively undermined by those who refuse to work with him to get America back to work. And we know firms are highly profitable and sitting on trillions in cash reserves.

Fastdatenow com


Others are acting on the belief that smaller government, and thus cuts and further austerity will allow growth to flourish, despite daily evidence that this is backwards. They're not exactly a beacon of light these days. I liked his comments yesterday -- they didn't go far enough on the jobs front in a way I'll suggest in a moment, but I liked the setup. So monetary policy faces a pushing-on-a-string problem. How can you advise the president to block everything else out and call for measures Congress will refuse to consider?! But I think I've bought myself some running room on jobs Some are cynically and solely driven to make the president look bad, with no regard for collateral damage. Government is never all the things everyone wants it to be, ut are we really supposed to put our futures completely in the hands of Exxon or the Koch brothers - you know like they're going to look out for the average American's best interests. Was it which are the best jobs measures to get America back to work? This all plays into their strategy to make sure govenrment does not work. Constraint number two for the Fed is that interest rates are already low, both at the short and long end of the yield curve. That's the kind of second guessing, negotiating-with-yourself that has us stuck in the mud. Note the magical thinking here. Bernanke and the Fed can help, but they face two other constraints. If the merchants of negativity and obstruction block him, then he has to tell the American people precisely who is standing between them and their jobs, their opportunities, their living standards. Our best hope is a more progressive Democratic Congress in But what was the biggest, most time- and media- and attention-consuming economic debate in this country in recent months? But the larger issues behind the crash are well-known at this point. Was it how many more rounds of easing should the Fed undertake? They're necessary, but a they've become more capital intensive so you don't create enough jobs I think this is true, but need more research to be sure , and b they don't capture the imagination. But to the contrary, one way to help both households and governments reduce the real level of their debt burdens is to print money and buy more long-term bonds -- QE3, 4, etc. The real action is with the president right now. He essentially said, "OK, I worked with the opposition -- who recklessly used default as a bargaining chip -- to do some deficit reduction. But it might not help much. If you are Ben or Barack, in my honest opinion, you need to ignore them from here on in. I'm not saying these are easy problems to diagnose or fix well, the US demand problem is very clear -- Europe's is more complicated, because some countries Italy could likely resolve their debt burdens with strong liquidity injections, others Greece , probably not. The president needs to decide what this economy needs, make sure it meets the above criteria, especially the one about the solution being easy to understand and feeling good, and fight for it nonstop from here until the unemployment rate starts to steadily decline.

Fastdatenow com

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2 thoughts on “Fastdatenow com”

Shakabar

05.03.2018 at 10:12 pm
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Government is never all the things everyone wants it to be, ut are we really supposed to put our futures completely in the hands of Exxon or the Koch brothers - you know like they're going to look out for the average American's best interests.

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