America's Economic Future – A Discussion By Ted Kavadas
The latest Wall Street Journal economist forecast survey says “the median forecast sees the end of the recession next month.” http://online.wsj.com/article/SB124708099206913393.html Meanwhile, I would like to point out this quote from Christina Romer, from a June 28 article, as she mentions the prospects of a “V” recovery: “I still hold out hope it will be a V-shaped …
Just a couple of quick notes… First, as you might have noticed along the right side of the page, there is now an email sign-up powered by Feedburner/Google. This allows one to sign up to receive, via email, each day’s post content. Second, above this email signup, is a device from Site Meter.
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 …
This post will focus on the $787 Billion stimulus. As mentioned in the last post, there are varying perceptions as to its effect-to-date. I would like to go back to earlier this year, before the stimulus was enacted. I would like to briefly discuss the plan at that point, as it, as well as the analysis that accompanied …
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 …
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 …
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 …
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 …
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 …
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 …