Economic Recovery Measures

The Ups and Downs of Buttressing the Economy

Yesterday, the Wall Street Journal posted an article discussing the FDIC’s soon-to-be urgent need to draw money from its $500 billion Treasury...

Fiscal Space, Stimulus and Entitlement Cuts

Given the weak economy, how do we balance our need for economic stimulus now with our need to get our fiscal house in order to prevent the age and...

FOMC Leaves Stance Unchanged

August 12 - The key Fed policymaking body, the Federal Open Market Committee (FOMC), released its statement today following its regularly scheduled...
Aug 5, 2009 | Blog Paper Press Release

Top Senate Democrats Look to Reinforce Cash for Clunkers Before Recess

August 5 - Harry Reid and other top Senate officials are confident that a vote to extend the Car Allowance Rebate System (Cash for Clunkers program)...

Second Quarter U.S. GDP and the Stimulus Package

July 31 - U.S. real GDP declined by 1.0% (annual rate) in the second quarter, the fourth straight quarterly drop, according to today's report by the...
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Fed Chairman Bernanke Reports to Congress

July 21 - Federal Reserve Board Chairman presented his twice a year monetary policy testimony and the Fed's semi-annual monetary policy report to...
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NEC Director Summers at Peterson Institute

July 17 - President Obama's chief economic adviser Lawrence Summers spoke today to the Peterson Institute for International Economics on "...
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Cross Currents in the Economy and Financial System

July 16 - Cross currents in the U.S. economy are particularly evident today and illustrate why it is so difficult to figure out where the economy is...
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Stimulus shows up in consumer spending

June 26 - Can we measure the effects of the economic stimulus legislation?  We are just starting to see effects show up in U.S. economic data....
Economics Issue Area
Jun 25, 2009 | Blog Paper Press Release

Fed Modifies Crisis Liquidity Facilities

June 25 - The Fed announced today that it would extend and modify many of its liquidity programs.  These changes followed upon the two...

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