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The US economy is recovering well : Swingers Discussion 210813101
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FORUMSGeneral DiscussionsPoliticsThe US economy is recovering well
TOPIC: The US economy is recovering well
Created by: TheGhost_and_MrsMuir
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"And if we held YOU to the same standards as you hold Fareed, you would have been shunned and ostracized here long ago for plagiarism... " ~~~~~~~~~~~~

If you copy and repeat facts without attributing them, it's plagiarism If you copy and repeat falsehoods, you're Fox News material.

Flat Rock NC
 
 
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Maybe we'll actually have a real capitalist economy after the fall? One where businesses rise or fall on their own merit, and don't have their hands out to the government for equipment, tax breaks and subsidized labor.... Nahhh.

Hazle Township PA
 
 
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Back to the OP. I wonder why Zakaria barely mentioned the biggest stumbling block in the way of sustaining or improving on this already-weak recovery. 

Every decent projection I've seen is that the looming fiscal cliff would plunge us back into recession. Private analyses, Simpson-Bowles, and a particularly chilling CBO report two months ago paint a pretty grim picture of what would happen if abrupt spending cuts and expiration of certain tax cuts kicked in. 

Belle Chasse LA
 
 
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" High quality stuff, especially from the St. Louis Fed. "

I've focused mostly on the NY Fed (for obvious reasons) but I've heard the St. Louis Fed has some very good things about it.

I didn't take offense, just lack of sleep.

East Fishkill NY
 
 
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Sometimes my sarcasm is too subtle and people take offense where none was intended.

Belle Chasse LA
 
 
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Wiki was the fastest place to find this and I knew it was true anyway...

Condemn me for being lazy on a Sunday.

East Fishkill NY
 
 
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I get all my info from Wiki.

But seriously, I've read hundreds of research reports by the Fed over several decades. High quality stuff, especially from the St. Louis Fed.

Belle Chasse LA
 
 
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Oh dear!

Colts Neck NJ
 
 
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lol

Actually I'm impressed I can teach you much in this realm. You seem to have some pretty deep chops.

insider chops?

East Fishkill NY
 
 
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Well, I just learned something new. Thanks. Technically, that statute refers to the Open Market Committee and not the Fed itself, but that's largely a distinction without much of a difference.

Belle Chasse LA
 
 
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TOPIC: The US economy is recovering well