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Sondos 2

Are Boosting U.S. Oil Supply and Cutting U.S. Oil Demand in Conflict? - 1 views

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    This article discusses the author's view which goes against the implementation of supply side policies as well as how no amount of supply push will fundamentally change the U.S. oil predicament. The author also disputes that no good oil policy will solve the climate problem...Read more to find out what else he has to say about supply-side policies.
Abhinav S

Political regulation inhibiting fiscal policy - 0 views

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    The article discusses the stability and growth Pact that regulates EU member states' budgets, and its impact on fiscal policy on member nations. Another dimension of fiscal policy is its political implications, and the article articulates this dilemma. Particularly in the case of the EU, where one government's spending has an effect on all other countries as the currency is common, a government's fiscal policy adjustments have political impacts. thus, aside from the economic implications, governments must consider the political ramifications of their actions before implementing fiscal policy.
Nabil E

Credibility and Monetary Policy in a Liquidity Trap (Wonkish) - 0 views

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    Paul Krugman offers his opinion on the use of monetary policy in todays economy. He states that "monetary policy can still work if you can credibly make commitments about future monetary policy"
Sondos 2

GAVIN KEETON: Good times will test Gordhan's fiscal principles - 0 views

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    The thrust of fiscal policy in South Australia since 1994 towards reduced budget deficits and the elimination of government dissaving (borrowing to fund consumption, mainly salaries) was opposed from the outset from within the ruling alliance, with calls for a larger role for the state in the economy being accompanied by demands for increased government spending and larger deficits. With president Thabo Mbeki 's departure in 2008 brought about in part by the same political elements, there were reasons for believing that fiscal policy might change. But the global financial crisis and the local recession instead took precedence over policy debates within the alliance. Budget deficits rose and interest rates fell, but for cyclical reasons and not ideological pressures.
Sondos 2

Yes - fiscal policy hurts - 0 views

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    This article discusses how, in some circumstances, fiscal policy has no knock-on effect onto private spending. This is the case when government debt is high (over 60 per cent of GDP) and when exchange rates are flexible.
Sondos 2

ECB Stark: Monetary Policy More Accommodative Than At Crisis Peak - 0 views

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    Monetary policy has become even more accommodative since the peak of the financial crisis in Frankfurt. Read more to discover how the central bank has exerted its power in order to ensure price stability, its primary task.
Jaewan H

Living Without Discretionary Fiscal Policy - 0 views

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    The article discusses about unefficiency of fiscal policy and claims that many countires nowadays do not really run fiscal policy
Merab K

Mexico ready for tighter U.S. monetary policy - 1 views

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    This article is about the dependence of Mexico's economy on U.S. monetary policy. Mexico's peso may decline against the dollar, if US government tightens its monetary policy. "Once the United States starts to have a more constrained monetary policy ... it is to be expected that many of the flows that are arriving in Mexico will no longer arrive ... but this is not something we think could seriously affect the Mexican economy". These are the words of Mexico's finance minister Ernesto Cordero.
Sondos 2

RBNZ gov says monetary policy to focus on med. term inflation - 0 views

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    The governor of the New Zealand central bank said monetary policy would continue to focus on medium term inflation pressures and would be used if they rise because of high commodity prices and the exchange rate.
Sondos 2

Fed's Dudley: shouldn't tighten policy too soon - 0 views

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    U.S. economic activity has slowed in the past few months as oil prices weigh on sentiment. Oil prices could push up headline inflation, it's advised that central banks shouldn't over-react as this is likely to be temporary and could lead to a monetary policy mistake.
Michael M

Obama's Fiscal Policy - 1 views

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    This article talks about Obama's fiscal policy with regards to taxes on the rich, and the benefits/limitations of increasing or decreasing taxes on specific income brackets.
Michael M

China still has space to tighten monetary policy further - 0 views

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    This article is about statistics that were released last week that indicate that China needs to tighten their monetary policy further in order to fight inflation and stop raising interest rates from the Central Bank.
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    China has increased the banks' reserve requirements for the seventh time since the tightening cycle in October of 2010. Clearly, China has been and will continue to improve upon their monetary policy.
Javier C

Fed's Evans: Monetary Policy Tightening This Year Unlikely - 0 views

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    This article explains the monetary policies that are being taken by the US Government in order to reduce unemployment rates.
Jackson Mote

Reagan's fiscal policy would have been unconstitutional under amendment proposed by Sen... - 0 views

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    This article is about a fiscal policy that President Reagan believed in which is now being debated as unconstitutional. Although it is the past, many believe that it can no go unnoticed throughout eternity.
Michael M

Europe's Tighter Monetary Policy - 1 views

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    Europe tightens their monetary policy, apparently fighting price pressure according to Weber, Bundesbank president. Europe's inflation rate is about 2.7% as of March, up from 2.4%.
Sondos 2

Congressman Jack Kemp pioneered supply-side policy - 0 views

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    Kemp, a former quarterback for the Buffalo Bills, represented western New York for nine terms in Congress, leaving the House for an unsuccessful presidential bid in 1988. Eight years later, after serving a term as President George H.W. Bush's housing secretary, he made it onto the GOP's national ticket as Bob Dole's running mate. With that loss, the Republican no longer ran for office, but he stayed in politics. In speaking engagements and a syndicated column, he continued to advocate for the tax reform and supply-side policies -- the idea that the more taxes are cut, the more the economy will grow -- that he pioneered. He also formed a Washington strategic consulting firm, Kemp Partners, after leaving office.
Sondos 2

15 Years of Cuts Said to Enrich the Rich; Supply-Side Policies Put Tax Burden on Middle... - 0 views

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    In a new study of federal fiscal policies between 1977 and 1992 entitled "Inequality and the Federal Budget Deficit," the nonpartisan group concludes that the tax cuts enacted in that period enriched the wealthy, increased the tax burden of the middle class, and grossly inflated the national debt. The study concludes that the tax cuts have resulted in lower overall federal tax burdens for only the very poorest and very richest of U.S. taxpayers. Most other families are paying a greater percentage of their family income to the government than they would be if the tax code had remained unchanged since 1977.
Sondos 2

A cure for fiscal failure? - 0 views

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    Many rich countries' debt levels are uncomfortably close to 150-year highs, despite relative peace in much of the world. There is a no easy way out. For now, low world interest rates are restraining debt-service costs, but debt levels can be reduced only very gradually over long periods, whereas real (inflation-adjusted) interest rates can rise far more quickly, even for rich countries. More examples regarding indebted countries and whether or not they should reconsider their fiscal policies to relieve their debt are further discussed in the article.
Sondos 2

Office for Budget Responsibility - 0 views

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    The UK started reducing government expenditure, easing its fiscal policy to compensate for debt: There are a couple of notable points raised by the BRC in the Outlook: one is their view of economic growth and the other is the number of job losses caused by the Chancellor of the Exchequer, George Osborne's public spending cuts. The BRC state that they believe the UK economy will continue to recover but at a slower pace than after the recessions of the 1970s, 80s and 90s. They put this "sluggish outlook" down to "the gradual normalisation of credit conditions, efforts to reduce private sector indebtedness and the impact of the Government's fiscal consolidation."
Wonwoo C

A stimulating notion - the idea of giving flagging fiscal boost is back in fashion - 0 views

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    Ever since the stagflation that followed the Keynesian economic policies in the 70s, the notion that government planning is our best bet at bringing back the economy has faded away. However, in recent years, Keynes's ideas are being implemented once again in the form of Keynesian style of fiscal policy
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