Tag Archives: fiscal stimulus

Market mayhem driven by irrational traders’ fear;Canada Needs to Increase fiscal stimulus

The last week on the global stock markets has been a case study in how prone to irrational mood swings the financial markets can be. The film The Big Short based on Michael Lewis’s book of the same name provides … Continue reading

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U.S. jobs report January 2013 unemployment 7.9% 157,000 jobs added:clear need for further fiscal stimulus

The U.S. Bureau of Labour Statistics has released the employment report for January . It shows that unemployment rose slightly to 7.9 %, 157,000 new jobs were added and there were significant upward revisions to employment numbers for last November … Continue reading

Posted in austerity, business cycles, deficit hysteria, deficits and debt, Federal Reserve, fiscal policy, full employment, monetary policy, quantitative easing, U.S. | Tagged , , | Leave a comment