No one should anticipate that a “Sandy stimulus” will kick the economy into a higher gear. Even so, Sandy has caused businesses of all shapes and sizes to be exceptionally busy — including a few you wouldn’t expect.
stimulus
Why Risk is Back in Fashion
Fed Chief Ben Bernanke’s strategy for making risk fashionable is gaining traction. Affluent investors are jumping off the sidelines and home prices are getting a lift. We’re not out of the woods by a long shot. But do you really …
Arthur Laffer’s Anti-Stimulus Curve Ball is a Foul
Economist Arthur Laffer, patron saint of tax cuts, is back, with an op-ed in the Wall Street Journal that he hopes will put the kibosh on future plans for government stimulus. Laffer, who had his heyday back in the Reagan years, …
7 Myths About the Economy, Jobs, Taxes and Small Business
America’s Got Talent is the No. 1 show. Spider-Man is the No. 1 movie. “Call Me Maybe” is the top song in the country. Who’s the most popular guy in Washington, D.C.?
Why, me! The small-business guy. Everyone’s buzzing about …
European Voters Have Rejected Austerity—So What Happens Next?
QE3 Watch: Will Slowing Jobs Picture Spur More Fed Stimulus?
Friday’s jobs report painted a disappointing picture about the U.S. employment situation, but it shouldn’t have come as much of a surprise. Last week, Fed Chairman Ben Bernanke warned that the economy is not growing fast enough …
Obama’s Job Creation Tax Credit: Cool Idea, Bad Policy
A tax credit? For small businesses? To create jobs? And raise wages? Wow! What a great idea! What’s not to like?
Quite a bit, in fact. In his fiscal 2013 budget proposal, President Obama has suggested a temporary 10% tax …
The Twist in the Fed’s Stimulus Plan: Banks
I have long been amazed how often people argue that low-interest rates don’t help the economy. And to be honest I once wandered over to the monetary dark side and wrote a post wondering, because of the confidence issue, whether keeping rates low for such a long period of time was helping the economy. But I have tried to repent since. …
Curious CapitalistThe Economy
Obama’s Jobs Plan: Will it be Enough to Revive the Economy?
President Obama’s jobs plan, which he outlined Thursday night in a televised speech to the nation, is more ambitious than many people might have predicted. It’s a $447 billion package including lots of tax cuts and some serious …
What President Obama’s Jobs Plan Might Look Like
While the economy teeters on a cliff, Americans want to know what's inside President Obama's new jobs plan. Here are a few good guesses.
Paul Krugman: An Alien Invasion Could Fix the Economy
According to the New York Times columnist and Nobel Prize laureate, you know what would end the economic slump in 18 months? Aliens.
Why the Fed Announcement Won’t Boost the Housing Market
The Federal Reserve’s announcement this week that it would keep a key interest rate near zero seemed designed to be a chill pill — a way to calm jittery stock market investors by showing that it recognized, and was trying to manage, economic weakness. Whether the announcement was good for real estate is another story.