Tag Archives: Rutledge

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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April Personal Income +0.5%, Disposable Income +1.1%

The Dept.of Commerce released the April Personal Income and Outlays report today. Could have been worse. Personal income was $12,091 billion, an increase of $58.2 billion, or +0.5% over March. Disposable personal income (DPI) increased $121.8 billion, or +1.1% inĀ April. … Continue reading

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