Most Economists In Survey Say Fed Bond-Buying Has Helped Recovery
By Jim Puzzanghera, Los Angeles Times WASHINGTON — Most business economists believe the Federal Reserve’s controversial bond-buying stimulus program has helped boost the recovery, but differ on the effects of the health care reform law and other policies by President Barack Obama and Congress, according to survey results released Monday. Nearly 70 percent of respondents […]
Job Growth Remains Weak In January; Unemployment Rate Falls To 6.6 Percent
By Don Lee, Tribune Washington Bureau WASHINGTON — Job growth was sluggish in January for the second straight month, the government said Friday in a report likely to heighten concerns that the economy and labor market recovery may be faltering again. The report could also give the Federal Reserve second thoughts about continuing to pull back […]
Over 600 Economists Agree: It’s Time To Raise The Minimum Wage
When President Barack Obama reiterates his request that Congress raise the minimum wage during his fifth State of the Union address on Tuesday night, he will have a group of over 600 economists in his corner. The 602 economists — including seven Nobel laureates and eight former presidents of the American Economic Association — have […]
Economists: Obama Plan Would Save At Least 250,000 Jobs
Bloomberg News surveyed a wide range of economists — many of whom work at Wall Street investment banks where the executives have flocked to donate to Mitt Romney’s presidential campaign — and they generally seem to agree that the Obama jobs plan (don’t call it a stimulus!) would help stave off a “double-dip” recession: President […]