Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: ild who wrote (43258)	10/11/2005 1:40:06 PM
From: patron_anejo_por_favor	Respond to of 110194

...and I'm assuming he's using the cooked CPI to determine real wages. If you adjust the "adjusted real wages" to reflect reality, it's clearly much worse than even he indicates.<NG>

To: ild who wrote (43258)	10/11/2005 2:25:59 PM
From: ild	Respond to of 110194

Minutes of the Federal Open Market Committee September 20, 2005 federalreserve.gov With regard to fiscal policy, meeting participants noted that federal outlays would increase sharply in order to assist with recovery and reconstruction efforts in the aftermath of the hurricane. The eventual size of the increment to federal outlays was unclear, but it was likely to be quite large. The substantial step-up in government spending would add to federal deficits that were already large and underscored the worrisome loss of fiscal discipline evident in recent years. The expansion of federal spending implied an increase in fiscal stimulus at a time when the margin of unutilized resources in the overall economy was probably thin.