Archive for September, 2010
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Evaluating the “Excess” in the U.S. Corporate Financial Balance
In a NY Times op-ed, Rob Parenteau and Yves Smith reminded us that the private sector financial balance is a function of the household financial balance and the corporate financial balance. They concluded the following regarding excess corporate saving:
So instead of pursuing budget retrenchment, policymakers need to create incentives for corporations to reinvest their profits in business operations.
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Harmonized Unemployment Rates: A Tad Scary
Across the OECD, the unemployment rate was unchanged at 8.5% in July 2010.
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Private-Sector Leverage Says That It’s Not Bill Clinton
What’s your answer? “Thinking about the past few decades… to the best of your knowledge, which ONE of the following U.S. Presidents do you think did the best job of managing the economy?” Bill Clinton Ronald Reagan Barack Obama Lyndon B. Johnson George W. Bush Richard Nixon That’s question #11 of the the Allstate-National Journal [...]





















