Power of Story Send a Tweet        
- Advertisement -

Share on Google Plus 1 Share on Twitter 1 Share on Facebook 8 Share on LinkedIn Share on PInterest Share on Fark! Share on Reddit Share on StumbleUpon Tell A Friend (10 Shares)  

Printer Friendly Page Save As Favorite View Favorites (# of views)   2 comments
General News

Central bankers eye public spending to plug $1 trillion investment gap

Quicklink Submitted By   Follow Me on Twitter     Message Scott Baker     Permalink

Related Topic(s): ; ; ; ; ; ; , Add Tags  

Must Read 1   Interesting 1   Valuable 1  
View Ratings | Rate It

opednews.com Headlined to H3 8/25/16

Become a Fan
  (81 fans)
Federal Reserve Building-4755
Federal Reserve Building-4755
(Image by NormanMaddeaux)
  Permission   Details   DMCA

'While markets wait for Janet Yellen's latest message about the direction of monetary policy, the Federal Reserve chief and her colleagues already have one for politicians: the U.S. economy needs more public spending to shift into higher gear.

In the past few weeks, Yellen and three of the Fed's other four Washington-based governors have called in speeches and Congressional hearings for government infrastructure spending and other efforts to counter weak growth, sagging productivity improvements, and lagging business investment.'

So, it's fiscal policy and politics that's holding us back from our national potential, not monetary policy.  Both presidential candidates want to spend more on infrastructure, but will it be enough?

Read the rest of the story HERE:

At www.businessinsider.com

 

- Advertisement -

Must Read 1   Interesting 1   Valuable 1  
View Ratings | Rate It

opednews.com

Scott Baker is a Managing Editor & The Economics Editor at Opednews, and a blogger for Huffington Post, Daily Kos, and Global Economic Intersection.

His anthology of updated Opednews articles "America is Not Broke" was published by Tayen Lane Publishing (March, 2015) and may be found here:
http://www.americaisnotbroke.net/

Scott is a former President of Common Ground-NYC (http://commongroundnyc.org/), a Geoist/Georgist activist group. He has written dozens of articles for (more...)
 

Share on Google Plus Submit to Twitter Add this Page to Facebook! Share on LinkedIn Pin It! Add this Page to Fark! Submit to Reddit Submit to Stumble Upon Share Author on Social Media   Go To Commenting

The views expressed herein are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Follow Me on Twitter

Writers Guidelines

Contact AuthorContact Author Contact EditorContact Editor Author PageView Authors' Articles
- Advertisement -