Tag Archives: Fed Chairman Alan Greenspan
Payrolls Rising with Lower Labor Productivity
Popular Economics Weekly Suddenly it looks like the U.S. economy isn’t stalling. Total nonfarm payroll employment rose by 165,000 in April, and the unemployment rate fell slightly to 7.5 percent from 7.6 percent in March, reported the U.S. Bureau of … Continue reading
Why Shouldn’t the Fed Do More?
Financial FAQs Fourth Quarter Gross Domestic Product growth was a bust. And so cries are rising for the Federal Reserve to do more to promote growth (since Congress and the White House can’t or won’t). Actually the Fed has done … Continue reading
Dr. Robert Shiller Says No Housing Boom
The Mortgage Corner Dr. Robert Shiller, Yale Econ Professor, and co-creator of the Case-Shiller Home Price Index, has become very cautious in his latest articles. Don’t expect much in the way of a housing boom in 2013. He isn’t even … Continue reading
Smart Government Creates Better Growth
Financial FAQs It is smart government that creates better economic growth, not smaller government, per se. Smart government means effective government that finances and regulates what the private sector can’t or won’t. So that doesn’t mean downsizing government for its … Continue reading
Don’t Blame Fannie and Freddie…
The Mortgage Corner Please don’t blame Fannie Mae and Freddie Mac, guarantors of most of the housing market’s conventional mortgages and reason the housing market continues to function at all, for the housing bust. The bust was caused by the … Continue reading
