Archive for May 17th, 2008

Larry's Blog

America's Economic Challenges

May 17, 2008

The foremost short-run economic uncertainty is whether enough policy stimulus is in the pipeline to avoid a U.S. recession or at least to make it brief and shallow. A $400 billion fiscal stimulus via tax rebates is slightly less than 1% of GDP, but it lands into household hands over a compressed period of time […] More