After years of fighting inflation, some are now urging the Fed to instead target GDP growth and jobs.
Ben Bernanke didn’t offer many clues in his speech today, but one wonders if he really has any tricks left up his sleeve.
The debate format was the biggest loser last night, but there were a few memorable moments in New Hampshire.
Is it possible to address the U.S. fiscal situation?
Will days of strong economic growth ever return? And what happens if they don’t?
Ron Paul has introduced a law (the “American Traveler Dignity Act”) that would punish TSA agents for groping and x-raying Americans.
The Federal Reserve is injecting $ 600,000,000,000 into the economy, primarily in the hope that it will boost stock prices and, in turn, the economy. It might work, but if it doesn’t the consequences could be severe.
Another round of GDP growth figures are out, and they show that the U.S. economy continues to grow far slower than necessary to sustain job growth. Is this a temporary problem, or something we can expect to live with for the foreseeable future?
The Fed chair, seemingly oblivious to the fact things are pretty bad already, promises to do something if the economy falters. But he’s about out of arrows in his quiver.
Nobody can really say whether the stimulus worked — or even define “worked” — but that doesn’t stop them from issuing pronouncements.