Tag Archives: GDP

How Much of the Stimulus Money has Already Been Spent?

Posted on June 3, 2009 by John Rutledge

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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Household Balance Sheet Q4/2008-Net Worth Down $11.2 trillion From Year Earlier

Posted on May 26, 2009 by John Rutledge

As you know from my recent posts, I spend a lot more time thinking about balance sheets and a lot less thinking about GDP, than most economists. In this post I want to look at the balance sheet of the … Continue reading →

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