Category Archives: Government Policy

Tomorrow's Jobs Report Will be Weak: Bank Loans to Businesses Still Falling.

The latest business loans numbers show that bank loans to businesses are still falling. As I have written in recent posts here and here, large banks have systematically shut down their lending to small businesses over the past 2 months, … Continue reading

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How Much of the Stimulus Money has Already Been Spent?

One of the (many) problems with using big increases in federal government spending as an economic stimulus tool is timing. You can’t appropriate and spend it fast enough to matter much during the downturn. Spending it years later, after the … Continue reading

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