Posts Tagged ‘fiscal policy’

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    Trash and Trade

    Nov 5, 10 • 258 Views • No Comments

    A WSJ article tells us “Memo to All Staff: Dump Your Trash.” But should they?According to the article, Texas state workers, Phoenix city workers, and Dartmouth college professors have all been told to take out the trash. Texas, as a result, is...  [read more]

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    The PIIG’s Progress

    Nov 3, 10 • 236 Views • No Comments

    Almost everyone seems to be debating the same issues. Spend less, tax more, or both? Now perhaps Portugal has made some progress. Hoping to bring its budget deficit down to 4.6% of GDP in 2011, their VAT will ascend to 23%. But will they cut public sector pay...  [read more]

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    Cyclical or Structural?

    Oct 9, 10 • 272 Views • No Comments

    Economists still cannot agree. With the new unemployment rate, at 9.6%, the same as the old unemployment rate, one question remains the same. Is it a jobs mismatch, contractionary lay-offs, or a third economic ailment? The diagnosis you choose will determine...  [read more]

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    Unemployment Benefits or Losses?

    Sep 1, 10 • 206 Views • 1 Comment

    Recently, Denmark decided that 4 years of unemployment benefits were too long. Shrinking their duration to 2 years, they said that 1) the longer people are out of a job, the harder it is to find one and 2) too many people wait for benefits to expire before...  [read more]

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    Apples, Oranges, and Government Pay

    Aug 22, 10 • 239 Views • No Comments

    Hearing that federal employees earn more than people working in the private sector, how should we respond? Let’s look at the facts. Assessing someone’s earnings involves salaries and benefits.  According to the BEA (Bureau of Economic...  [read more]