360° Coverage : Former Fed Economist Warns of Cliff Jumping Hazards

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Former Fed Economist Warns of Cliff Jumping Hazards

Source: National Journal, Nov 8 2012, 2:55pm CST

The former chief economist of the Federal Reserve Board has a message for folks who would consider jumping off the fiscal cliff at the end of the year: Don't do it. David Stockton served as the Fed's chief economi ...

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1 hour ago

Paul Krugman’s Flagrant ‘Austerity’ Double Standard

Source: Newsbusters  |   May 24 2013, 11:24pm CDT

In the past several years, the leftist economist during and following the debate over the recent “sequester” debate predicted utter disaster if it went through. According to Krugman, America was almost guaranteed to ente ...

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1 hour ago

America's Business Is Business

Source: The Weekly Standard  |   May 24 2013, 11:09pm CDT

At the conclusion of a lunch at the British embassy here in Washington, Britain’s ambassador, Sir Peter Westmacott, asked each of the four scribbler-economists he had invited to give his forecasts for the year. I usually decline to partic ...

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28 weeks ago


Quote:
"I think that's probably not the right way to think about it, and I think the reason is that going over the fiscal cliff is going to be much more costly than even the [spring Congressional Budget Office's] analysis suggested."


Source: National Journal

 

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