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Tag Archives: stimulus
Paul Krugman Doesn’t Know T-Shirt Economics
The DOW eked out a slight gain yesterday. Nonetheless, stocks are falling. So are oil prices. Gold too. This, no doubt, brings good cheer to the Fed. For it gives them cover to print more money. Falling oil prices mask … Continue reading
Posted in Economy, MN Gordon
Tagged business cycle, DOW, federal reserve, john maynard keynes, monetizing debt, paul krugman, stimulus
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More Public Spending Only Hastens the Demise
Kicking off Labor Day weekend last Friday was a report by the Labor Department that, on balance, the U.S. economy failed to create a single job in August. On the bright side, this also means not a single job was … Continue reading
Posted in MN Gordon, Politics
Tagged GDP, government action, labor department, stimulus
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