Posts Tagged ‘fiscal cliff’

  • The US is again hitting its debt ceiling.

    Debt Ceiling: A Treasury Note

    Dec 28, 12 • 268 Views • No Comments

    Secretary of the Treasury Geithner just sent Senate Majority Leader Harry Reid a letter. Noting that in 5 days the US will again have hit the debt ceiling, Secretary Geithner explains that actually, we might have an extra 2 months. In an appendix to his...  [read more]

  • Self-interest represents the seeds that blossom into economic growth.

    GDP: Where is the World Economy Going?

    Dec 20, 12 • 284 Views • No Comments

    Yesterday, the UN published a preview of its world economic outlook. While projections are always debatable, their graphs provide a snapshot of key economic issues. GDP Outlook: Oil Prices: Grain Prices:   These projections and comments from a...  [read more]

  • The Congress and the Fiscal Cliff

    Fiscal Cliff Notes

    Nov 11, 12 • 248 Views • No Comments

    There might be 2 ways to look at the fiscal cliff. Specifically, we can focus on tax increases and spending cuts: Tax Increases Bush era tax cuts: expire 2010-2011 2% payroll tax cut: expire Affordable Care Act taxes: kick in   Spending Cuts Emergency...  [read more]

  • Uncertainty can slow economic growth.

    Economic Uncertainty

    Nov 7, 12 • 306 Views • No Comments

    Uncertainty might impede economic growth. The research of several economists indicates that policy uncertainty foreshadows and might even cause slower economic activity. To prove their hypothesis, they created an Index of Economic Policy Uncertainty with 3...  [read more]

  • economic video humor

    A New View of the Fiscal Cliff and Greece

    Oct 16, 12 • 271 Views • No Comments

    Merle Hazard’s newest song is “Fiscal Cliff.” While he recorded his “Greek Debt Song” several years ago, it still is relevant and fun to watch. Econlife looked at fiscal cliff details here and, for more on Greece, you might want...  [read more]