Category Archives: Economic Policy

Watching the “Fed” – What’s Next?

During the tech bubble recession, the Federal Reserve (“the Fed”) reacted by lowering the Fed funds rate13 times in a row from January 2001 to June 2003. The Fed then raised the rate 17 times in a row from June … Continue reading

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Is ‘American exceptionalism’ still good for my business and investments?

“American exceptionalism” is the idea that the U.S. is qualitatively different than other nations. Scottish historian Richard Rose put it this way: “America marches to a different drummer. Its uniqueness is explained by any or all of a variety of … Continue reading

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Bye-Bye Miss American Pie

Middle Class are the New Poor For many Americans, to be middle class was aspirational: a good paying and secure job, new cars, college education for the children, a comfortable retirement in a home that was close to paid off … Continue reading

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If It’s Tuesday, It Must Be Belgium

Eurozoning Out The eurozone’s outlook was the most grave since the slow motion train wreck of European sovereign debt began two years ago. The European Central Bank (“ECB”) still needed to show its resolve in backstopping member country debt. The … Continue reading

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The Can Stops Here

Super Committee to the Rescue Congress and the President agreed to a bipartisan Super Committee (the “Joint Select Committee on Deficit Reduction”) to work out the details of a deficit reduction of $1.5 trillion over ten years, averaging $150 billion … Continue reading

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Curing Unemployment

Treating the Symptom Tonight, President Obama will lay out his proposed legislation for increasing employment.  He is expected to renew the payroll tax cut and to extend unemployment benefits.  He will propose other programs and incentives to get jobs for … Continue reading

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