Fiscal Policy
23 views | +0 today
Follow
Your new post is loading...
Your new post is loading...
Scooped by Louis Armstrong
Scoop.it!

Student Loans Are Becoming a Drag on the US Economy - TIME

Student Loans Are Becoming a Drag on the US Economy - TIME | Fiscal Policy | Scoop.it
Student Loans Are Becoming a Drag on the US Economy TIME Student loans now top $1 trillion, and 81% of the most burdened borrowers—those with more than $40,000 of student debt—have private loans with interest rates of 8% or higher, according to the...
Louis Armstrong's insight:

-Luke Nicholson

more...
No comment yet.
Scooped by Louis Armstrong
Scoop.it!

US unemployment rate drops to 7.2 percent - UPI.com

US unemployment rate drops to 7.2 percent - UPI.com | Fiscal Policy | Scoop.it
UPI.com
US unemployment rate drops to 7.2 percent
UPI.com
Job gains were less than expected and less than the 181,000 average gain of the past eight months but the unemployment rate has not been this low since November 2008.
Louis Armstrong's insight:

Raphael

more...
No comment yet.
Rescooped by Louis Armstrong from EconomyBusters
Scoop.it!

Estimate: The Shutdown Caused $24 Billion in Damage to the Economy - Center for Effective Government

Estimate: The Shutdown Caused $24 Billion in Damage to the Economy - Center for Effective Government | Fiscal Policy | Scoop.it

Estimate: The Shutdown Caused $24 Billion in Damage to the Economy Center for Effective Government In total, the fiscal path the U.S.


Via Gunay Latifova, Dirty Ray and the Boys
Louis Armstrong's insight:

Leo L.

more...
Dirty Ray and the Boys's curator insight, October 22, 2013 8:52 PM

The two-and-a-half week government shutdown essentially has harmed the U.S. economy because of major costs such as revenue from national parks, money lost in travel spending, the cost of governement services being temporarily closed, and $217 million per day in lost federal and contractor wages in the Washington D.C. alone.  But that isn't even the worst.  The estimated annual growth rate for the U.S. economy was supposed to be 3% in September but has now dropped to 2%.  Fiscal crises have also hurt the economy over the past decade and an estimated $450 billion in lost economic output and 2.1 million jobs have resulted in bad decision-making and a cutback in discretionary spending.

 

*Daniella Feijoo*

Scooped by Louis Armstrong
Scoop.it!

Dollar Boosted by FOMC Minutes and Syrian crisis - iNVEZZ

Dollar Boosted by FOMC Minutes and Syrian crisis - iNVEZZ | Fiscal Policy | Scoop.it
DailyForex.com Dollar Boosted by FOMC Minutes and Syrian crisis iNVEZZ The dollar, initially driven up by the FOMC meeting's display of a vague inclination towards tapering QE in September, later, fell back on poor US Jobless claims, Housing Sales,...
Louis Armstrong's insight:

Leo L.

more...
No comment yet.
Scooped by Louis Armstrong
Scoop.it!

FTSE LIVE: London shares higher as US Fed is set to delay tapering; RBS falls ... - This is Money

FTSE LIVE: London shares higher as US Fed is set to delay tapering; RBS falls ... - This is Money | Fiscal Policy | Scoop.it
FTSE LIVE: London shares higher as US Fed is set to delay tapering; RBS falls ...
Louis Armstrong's insight:

Michael Vrska III

 

more...
No comment yet.
Rescooped by Louis Armstrong from economics
Scoop.it!

US Unemployment edges down as people continue to leave the workforce

US Unemployment edges down as people continue to leave the workforce | Fiscal Policy | Scoop.it
from Dean Baker The unemployment rate edged down to 7.2 percent in September, the lowest level since November of 2008. The Labor Department’s establishment survey showed a gain of 148,000 jobs. Wit...

Via Gavin Dhir
Louis Armstrong's insight:

-Luke Nicholson

more...
No comment yet.
Scooped by Louis Armstrong
Scoop.it!

IMF: One for all | Emerging Markets

IMF: One for all | Emerging Markets | Fiscal Policy | Scoop.it
The IMF is under a great deal of scrutiny from emerging markets.
Louis Armstrong's insight:

Raphael

more...
No comment yet.
Scooped by Louis Armstrong
Scoop.it!

Federal Reserve issues FOMC statement

Federal Reserve issues FOMC statement | Fiscal Policy | Scoop.it
Release Date: September 18, 2013 For immediate release Information received since the Federal Open Market Committee met in July suggests that economic activity has been expanding at a moderate pace.
Louis Armstrong's insight:

Leo L.

more...
No comment yet.
Rescooped by Louis Armstrong from economics
Scoop.it!

FOMC Announces Continuation of QE Due to Lackluster Economy

FOMC Announces Continuation of QE Due to Lackluster Economy | Fiscal Policy | Scoop.it
The FOMC announced the results of its quarterly meeting today. Specifically, the statement said,  Information received since the Federal Open Market

Via Gavin Dhir
Louis Armstrong's insight:

Michael Vrska III

more...
No comment yet.