(With a side of recession analysis, too.)
First, Jubak, MSN’s top financial analyst, offers a simple five-point guide on how stimuluses can work, or why some don’t. In the process, he takes a shot at the GOP claim that FDR did nothing to ameliorate the Depression.
Next, he explains WHY we need plenty of infrastructure projects in the stimulus package. He says if we don’t do more about infrastructure needs, our standards of living are in jeopardy.
Next, if you’re an investor through theese times, Jubak says the dollar actually should be good this year — but will likely go in the tank big-time next year.
Finally, he explains how the Federal Reserve is an obsolescent pile of crap, mainly by listing five specific failures/problems/issues from the recent past.
A skeptical leftist's, or post-capitalist's, or eco-socialist's blog, including skepticism about leftism (and related things under other labels), but even more about other issues of politics. Free of duopoly and minor party ties. Also, a skeptical look at Gnu Atheism, religion, social sciences, more.
Note: Labels can help describe people but should never be used to pin them to an anthill.
As seen at Washington Babylon and other fine establishments
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