My Thoughts on More Stimulus, Part IV

This is the fourth and last post (for now) with regard to my thoughts on the idea of further stimulus. At this juncture, one is led to wonder “what if more stimulus is enacted?” What may be its potential size and composition?  As seen in the following video interview of Christina Romer: http://www.cnbc.com/id/15840232?video=1170636023&play=1 her view on the …

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My Thoughts on More Stimulus, Part II

Perhaps one of the first questions that should be asked with regard to our current economic difficulties is “Do we Understand the Problem?”  I discussed this concept in the article “President Obama’s Greatest Challenge” (listed here as the fourth article): https://www.economicgreenfield.com/prosperitybypencom-directory/ Do we understand the problem?  I will leave that question unanswered, for now.  However, some aspects …

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My Thoughts on More Stimulus, Part I

Recently, there have been calls by some for additional stimulus. As I believe this issue deserves significant analysis and discussion, the next few posts will address various facets of this issue. I would like to start addressing the issue by calling attention to an article I wrote in January.   It is titled “My Overall Thoughts …

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misc. note – email signup

Just a quick note.  I have developed a separate blog that mirrors this one (as far as post content is concerned); with the added benefit of allowing for those interested to sign up for each day’s content to be sent via email.  The site is : http://economicgreenfield.blogspot.com/  (The email signup is found on the upper right-hand …

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An Interesting Chart on Job Losses

I ran across the following chart from chartoftheday.com, and found it interesting: http://www.chartoftheday.com/20090703.htm?T As one can see, the current degree of job losses is rather atypical. I would also like to highlight another issue as well.  From a historical perspective, this (purported) recession, that the NBER has classified as having started in December 2007, is …

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America’s Economic Future

A little while ago I wrote an article titled, “America’s Economic Future – ‘Greenfield’ or ‘Brownfield’”.  For those interested, it is the first article listed here: https://www.economicgreenfield.com/prosperitybypencom-directory/ I would like to make a couple of additional comments with regard to this article. First, in my opinion the topic of America’s Economic Future is not one …

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The Importance of Scenario Planning to Businesses

The Wall Street Journal ran a story yesterday titled, “Pendulum is Swinging Back on ‘Scenario Planning.’”  Perhaps most interesting is the history of scenario planning.  Here is the link: http://online.wsj.com/article/SB124683295589397615.html As I have written about previously on this blog: https://www.economicgreenfield.com/2009/06/18/businesses-and-economic-stress/ those who own or manage a business will likely continue to find themselves in a …

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Article of Note on the Foreclosure Crisis

I found the following article to be of interest.  It is titled “New Evidence on the Foreclosure Crisis” and is found in The Wall Street Journal, p A13, July 3-5, at this link: http://online.wsj.com/article/SB124657539489189043.html While I can’t verify his analysis, the article is worth reading. I don’t agree with all of his conclusions, especially his remark that …

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Another Interesting New Index

I came across a new index that seems interesting. It is called the Dow Jones Economic Sentiment Indicator.  Details can be found here: http://solutions.dowjones.com/economicsentimentindicator/# The only comment I want to make on it at this time is that I find it of interest as it employs a different methodology.  I plan on monitoring this index. …

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