Economic Roundup

Economic Roundup

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On October 20, Macroeconomic Advisers posted an analysis of competing jobs programs proposed by Republicans and Democrats. It finds that the Democratic plan would likely be more beneficial in the short-run and the Republican plan would be more beneficial in the long-run.

On October 20, Federal Reserve Board Governor Daniel Tarullo gave a speech in which he identified a lack of aggregate demand as the economy’s principal problem.

On October 20, Credit Suisse published a study of global wealth. Among the facts disclosed: there are 84,700 people worldwide with a net wealth of $50 million or more and 29,000 with a net wealth of at least $100 million.

An October 19 United Nations report warned about a worldwide jobs crisis for young adults.

On October 19, the Brookings Institution published a report on technology and the innovation economy.

An October 19 Gallup poll found that twice as many people blame the federal government for the economy’s problems as blame Wall Street.

In an October 19 commentary, economist Peter Orszag discussed the decline of employee compensation as a share of GDP, a percentage that had previously been stable for many years.

On October 17, the Federal Reserve Bank of San Francisco published a report which found signs of increased bank lending to small businesses.

An October 17 CNN poll found that three-fourths of people favor increased aid to state governments to hire teachers and other workers, and increased federal spending on public works to stimulate growth.

On October 11, Goldman Sachs published an extensive review of global economic conditions.

Bruce Bartlett is an American historian and columnist who focuses on the intersection between politics and economics. He blogs daily and writes a weekly column for The Fiscal Times.  Bartlett has written for Forbes Magazine and Creators Syndicate, and his work is informed by many years in government, including as a senior policy analyst in the Reagan White House. He is the author of seven books including his new book: The Benefit and the Burden.

Bruce Bartlett’s columns focus on the intersection of politics and economics. The author of seven books, he worked in government for many years and was senior policy analyst in the Reagan White House.