U.S. Secretary of Agriculture Tom Vilsack noted Friday that education is at the core of all efforts to promote economic development in rural America, echoing a theme that has appeared numerous times in reports by The Iowa Independent staff.
“A well educated work force is More…
Northwestern economist Robert Gordon brings the gloom:
[Gordon] belongs to the committee of distinguished economists who officially declared on Sept. 20 that the U.S. recession ended way back in June 2009. Don’t mistake that pronouncement for optimism. According to Gordon’s research into the long-term determinants of growth, America’s next
A bit of bad economic news: This morning, the Conference Board announced that consumer confidence, a key indicator of the consumer spending that drives about 60 percent of the economy, is declining again.
Today, as expected, the Federal Open Market Committee decided not to raise U.S. interest rates, instead holding the target federal funds rate steady between 0.0 and 0.25 percent. It reiterated its “extended period” language, indicating it sees no need to raise interest rates in the near term. And it More…
Today, the Federal Reserve Bank of Philadelphia released a survey of 44 economic forecasters. The forecasters — all economists in the private sector — see a smaller chance of a double-dip recession and expect stronger economic growth in the next 18 months. The economists said there is a 7.4 More…
Bloomingdale — a pretty neighborhood in central Washington, D.C., with brightly painted Victorian townhouses and wide tree-lined streets — is gentrifying. Ten years ago, it had problems with gangs, robberies and drug-related violence. Today those issues are greatly reduced, thanks in large part to the efforts of the neighborhood’s tight-knit More…
President Obama heads to Georgetown University today to address the nation regarding the economy. On MSNBC’s “Morning Joe,” Christina Romer, chair of the Council of Economic Advisers, offered a preview of the speech’s message. Politico has the write-up.
Romer said Obama will address “what’s been going wrong” in the
During an interview with MSNBC’s Andrea Mitchell a short time ago, Sen. John McCain’s senior economic adviser, Doug Holtz-Eakin, said a nonpartisan tax analysis found McCain’s tax plan would better promote economic growth than that of Sen. Barack Obama.
“You go to the independent, quote, Tax Policy Center, a group
Members of industry have long contended that environmental protections are incompatible with economic growth. That was one reason the Lieberman-Warner Climate Security Act didn’t get passed this year.
But a new economic study released today crunches some numbers and finds that environmental and economic interests are often aligned.
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