Posted By:William Dunkelberg, Economics Professor, Temple UniversityCNBC Guest Blog
Administration officials have admitted that the “Stimulus Package” hasn’t been very stimulating. So now, some in Congress are considering “Stimulus II”, which may take the form of a jobs tax credit similar to that enacted in 1976-77, writes William Dunkelberg, Economics Professor at Temple University. Read More
Burlington Northern Santa Fe CEO Matt Rose says the railroad's proposed acquisition by Berkshire Hathaway is being "very warmly received" by Washington policy makers. Read More
While the stock market is cheering easy money, the cheering is very short-sighted. I wouldn’t buck the tape, but I regard the Fed’s policy as a storm cloud over stocks and the future economy. Read More
President Obama and Nancy Pelosi got their ears pounded back over big spending, taxes, the health-care takeover, cap-and-trade, and well, the fact that government is getting too darned big under this crowd in Washington. Read More
Here's former Massachusetts Governor Mitt Romney's take on last night's Kudlow Report discussing President Obama's handling of the economy, stimulus programs, healthcare and much more. Read More
Against the backdrop of high unemployment and a public revolt against a Democratic health-care bill — which would significantly increase taxes, slash Medicare spending, and massively raise health-care spending elsewhere in a government takeover of our leading growth sector —a three-race sweep by Republicans is very much in play this Election Day. Read More
Investors rushed into stocks on Thursday after the latest GDP data unofficially ended the worst recession in 70 years. But are we getting ahead of ourselves? Read More
As the economy recovers, where’s the exit strategy for all this stimulus? To protect the dollar, the Fed should be raising its target rate, or at the very least hint at raising it by changing the wording of next week’s policy statement. Read More