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Decaying economic orbit?(Economics And Regulation)(Brief Article)
John Makin, "A Sustainable U.S. Recovery?" AEI Economic Outlook, October 2003 (aei.org)
AEI scholar John Makin offers qualified pessimism in his assessment of the prospects for a sustained economic recovery for the U.S. in 2004. "Now, as in the fall of 2001, a disquieting exogenous shock--this time, the Iraqi conflict--has been followed by a large injection of tax cuts and government spending coupled with a highly accommodative Federal Reserve," he writes. These trends, in addition to a mortgage refinancing surge, have significantly buoyed the economy. Right after 9/11, rising stock prices and low interest rates created economic growth that quickly faded once businesses found that they faced large inventories, little pricing power, and rebounding interest rates. They didn't hire new employees, and the economy grew very slowly through ...
- Congress tries its great balancing act. (for federal budget) (includes...
- Magazine article from: U.S. News & World Report Sheler, Jeffrey L. October 21, 1985 700+ words
Congress Tries Its Great Balancing Act Groping for a quick cure for federal deficits, Congress is embracing a farreaching plan that would force a balanced budget in six years through dramatic cuts in hundreds of programs. The suddenly emerging proposal, which sailed through the Senate on October 10
- 'The deficit won't be a very interesting issue the rest of this decade.' (John...
- Magazine article from: The Bond Buyer Patterson, Dean May 16, 1994 700+ words
Q: From a macroeconomics perspective, what's the best way to view the federal deficit? A: I think it's probably best to look at the change in the ratio between national debt and gross domestic product. The government is now running deficits that allow the debt-to-GDP ratio to stabilize. That's
- The Lhasa frontier: the brand-new Beijing-to-Lhasa railway is an engineering...
- Magazine article from: The American (Washington, DC) Makin, John January 1, 2007 700+ words
"Where there's a road, a railway can be built." --Dr. Sun Yat-sen, first president of the Republic of China. In 2005, Americans spent about $10 billion on women's intimate apparel--fancy underwear, if you like. That's consumption in its most extreme form. Meanwhile, between 2001 and 2006, the
- Go ahead, cut away. (Scan).(tax cuts in the United States)(Brief Article)
- Magazine article from: The American Enterprise Makin, John April 1, 2003 700+ words
...7 percent. The truth is, tax cuts that bring deficit increases...The notion that federal tax cuts which add $100-$200 billion...conditions, we will need more tax cuts, not fewer. --Economist John Makin in AEI's Economic Outlook...
- Bush's latest tax cuts seal legacy.(USA)
- Newspaper article from: The Christian Science Monitor September 29, 2004 700+ words
...President Bush signs his latest round of tax cuts, expected within days, he confirms his...s 1981 cut was larger than the Bush tax cuts, relative to the size of the economy...this year - with a record deficit. "Tax cuts will probably be the top element of President...
- Tax cuts on the table; Legislation scheduled for House vote.(OPED)(POLITICS IN...
- Newspaper article from: The Washington Times December 8, 2005 700+ words
...limit "revenue loss" associated with tax cuts and political tactics are some of the reasons for not making tax cuts permanent. For example, when Congress...2003 measures) is the only way to pass tax cuts - even on a temporary basis. For example...
- Investors Say Job Creation More Important Than Tax Cuts; Only Half of Investors...
- Press release article from: PR Newswire April 21, 2004 700+ words
...had a choice between enacting the 2003 tax cuts or spending additional money to create...cutting the deficit over last year's tax cuts and in fact that less than half of investors (43%) reported benefiting from the tax cuts at all. Fewer Personally Benefited from...
- A question of fairness.(Editorials)(Bush's tax cuts should not be made...
- Newspaper article from: The Register-Guard (Eugene, OR) February 14, 2004 700+ words
...stubborn allegiance to his ill-advised tax cuts that he is counting on Americans to come...the Press" host Tim Russert that his tax cuts were the cornerstone of an "economic...the 2004 version of the reason for the tax cuts, but it's not what Bush was telling...
Source: HighBeam Research, Decaying economic orbit?(Economics And Regulation)(Brief Article)