Fake Economics
Fake Economics. One of the greatest myths in all of economics is the “Government Spending Multiplier” sometimes called the “Fiscal Multiplier.”
Tag Archives: U.S. Economy
No Looming Recession
No Looming Recession. We’re sure the economy will eventually face another recession… although our best bet is that the next recession will be mild compared to the last. When it happens, the pessimists will tell you how they got it right all along.
The Economic Engine That Could
The Economic Engine That Could. Tony Dwyer, an equity strategist at Canaccord Genuity,… based on the strong manufacturing report this week…projected the index to rise to 3,360 in 2019, highlighting his view that a recession isn’t lurking “anywhere close”.
Job Market: From Strength to Strength
Job Market. The US labor market is going from strength to strength. Like with corporate earnings, June jobs data beat consensus estimates – up 213,000 – pushing the average monthly gain for the past year to 198,000 per month.
Maybe it Matters, Maybe it Doesn’t
Maybe it Matters, Maybe it Doesn’t. One measure of the health of the U.S. economy just logged its worst losing streak ever
No More Kid Gloves!
No More Kid Gloves. What do the internet and China have in common? For better or for worse, policymakers are no longer treating them with kid gloves. This past week, the Supreme Court reversed a decision made before the dawn of the internet that prevented states from taxing sales to their residents unless the business had a “physical presence” in the state. Now, each state gets to decide whether those sales get taxed.