| RT @WayneMarr: [Paul Krugman] What recovery should look like http://tinyurl.com/yby8tvj 20 days ago |
| paul krugman cheio de más notícias sobre o crescimento do pib americano. http://is.gd/4IoEE 21 days ago |
Weekly Summary
Calculated Risk —
... and the updated Unofficial Problem Bank List. October Economic Summary in Graphs Unofficial Problem Bank List Grows to 500 A guest post from albert: On a New York bankruptcy case in the news: In re Olga: of Bankruptcy and Foreclosure **************************** On the GDP report: From Rex Nutting at MarketWatch: U.S. GDP rises 3.5% as stimulus kicks in From Paul Krugman: What recovery should look like From Jim Hamilton at Econbrowser: A welcome GDP ...
"A Shaky Start"
Economist's View —
... that at this rate, “we wouldn’t reach anything that feels like full employment
until well into the second Palin administration”). The recovery period from past
recessions were
associated with output growth rates of 6-7%, enough to resume the level of
growth that existed before the crisis, and to make up for losses in a reasonable
amount of time. If those losses had not been recovered, if the level of output
had been permanently lower instead of just a temporary deviation from its
long-run trend, then employment and income would have also been permanently
lower. ...
"A Shaky Start"
Economist's View —
... that at this rate, “we wouldn’t reach anything that feels like full employment
until well into the second Palin administration”). The recovery period from past
recessions were
associated with output growth rates of 6-7%, enough to resume the level of
growth that existed before the crisis, and to make up for losses in a reasonable
amount of time. If those losses had not been recovered, if the level of output
had been permanently lower instead of just a temporary deviation from its
long-run trend, then employment and income would have also been permanently
lower. ...
Point of Clarification
The Bonddad Blog —
... (I see Paul Krugman has a post up at his blog that speaks to the points I'm trying to make. It addresses what recovery "should" look like, and cites ...

