economists

Stories 21 - 25 | << Prev 

Economists: Recession's Over, Bring Back Bernanke

(Newser) - Economists give Ben Bernanke a big hug in a new Wall Street Journal survey. Most declare that the recession is over and nearly all in the group of 53 think President Obama should keep Bernanke in charge of the Fed when his term expires in January. Twenty-seven economists say the...

Stimulus Worked: Economists

 Stimulus Worked: 
 Economists 

Stimulus Worked: Economists

Good news for prez ahead of today's job-loss report

(Newser) - President Obama’s stimulus package appears to have helped the economy bottom out more swiftly, an economists’ report says. Analysts hold that the stimulus boosted economic growth by about a percentage point in the second quarter—not enough to keep the economy from shrinking but enough to slow the pace...

If Economists Fail, Don't Blame Economics

...don't give up on economics

(Newser) - Economists have made some disastrous calls recently, but that doesn’t mean you should give up on economics, opines an editorial in the Economist. True, too few economists predicted the financial crisis, but the current backlash, which assumes that the dismal science is basically useless, has gone too far. “...

Economy 'Back From the Abyss:' Summers

(Newser) - President Obama's top economist is confident that swift action by the administration averted disaster, ABC News reports. “We were at the brink of catastrophe at the beginning of the year,” Larry Summers says, “but we have walked some substantial distance back from the abyss.” Summers credits...

Economists See High Unemployment Through 2010

(Newser) - Economists think the US unemployment rate will stay above 9% through 2010, the Wall Street Journal survey finds. Accordingly, those in the know believe the Federal Reserve will hold interest rates down at least through spring. “For real people, there is no recovery until the unemployment rate stabilizes,”...

Stories 21 - 25 | << Prev