Category Archives: U.S. Economy

The Fed Giveth, and The Fed Taketh Away

(March 17, 2008) – The Fed almost got it right. I have been whining for some time about the need to use asset market policies, rather than giving people checks so they can buy another iPod, to fix the current … Continue reading

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Q4 Current-Account Deficit Down to $172.9 billion

(March 17, 2008) – This morning, the BEA released U.S. International Transactions: Fourth Quarter and Year 2007 Current Account , reporting that the U.S. current-account deficit decreased to $172.9 billion in Q4/07 from $177.4 billion in Q3/07. The decrease was … Continue reading

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