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All items tagged stimulusGlobal Must Read ArticlesOctober 4, 2011 | Why Europe Shouldn't Listen to ObamaObama’s recommendation for Europe to increase spending as part of a wider-reaching economic stimulus is ill-advised. ++ Cheap credits and low interest rates have been at the heart of a failed US economic strategy. ++ Instead of promoting sustainable growth, the US government has been encouraging economic bubbles to form over the past several decades. ++ The US must bring competitive ... MoreMay 6, 2009 | Bailouts for Banks: Unjust and Very ExpensiveIn January 12, 2009 | Obama Stimulus: A Necessary Paradigm ShiftPresident-elect Obama’s stimulus package, now roughly $800 billion, includes “politically expedient” tax cuts which “are widely recognized as packing very little bang for the buck” - $150 billion in business tax breaks and the promised tax cut for all families making $200,000 or less. ++ With a projected deficit of $1.2 trillion, a job loss rate of 510,000 per month and the ever increasing costs ... MoreJanuary 8, 2009 | Finally, a German Stimulus Package. Is It Worth It?Berlin witnessed the end of a stalemate between the Christian and Social Democrats on a 31-billion-euro economic stimulus package, but “Germans may find that the chances of their country’s economic recovery were higher when the grand coalition was still paralyzed.” ++ An additional 100 billion euros will go to rescue failing companies. ++ Both parties are positioning themselves for upcoming Fall ... MoreDecember 10, 2008 | "Don't Create a Fiscal Crisis!"The European Central Bank has cooperated with major central banks to expand its liquidity provision, making it easier to access central-bank money. ++ Fundamental measures to protect economies have been carried out by euro-zone governments, which have “provided support for the banking system by offering funds for recapitalization and guarantees for inter-bank loans.” ++ Effective ... MoreDecember 1, 2008 | "China's Construction Fetish"China is spending its $586 billion stimulus plan on infrastructure development. ++ However, a steel and concrete stimulus will not provide long-term economic growth. ++ Instead, China should equally distribute ownership rights to the remaining 119,000 state-owned enterprises, valuing around $4 billion, and create a more transparent budget process through public hearings and ... More |
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