by Henry Oliner | Jan 8, 2023 | Economics
Deficit spending is stimulative to economic growth: raising taxes on business and higher interest rates are a disincentive to economic growth. Doing both at the same time is incoherent and a recipe for stagnation. If there is a tradeoff between a recession and...
by Henry Oliner | Nov 30, 2017 | Economics
Presidents get too much credit and blame for an economy as if it turns on a dime the moment they are elected. The right want to credit Trump for the sharp rise since he was elected, but attributes no credit to Obama for the long rise during his tenure. In both cases...
by Henry Oliner | Jan 19, 2010 | Business, Economics
My second article in American Thinker A Political Recession Excerpts: Growth is being restricted by political uncertainty more than economic policy. More business people who are either able or nearing retirement are “going Galt”, downsizing or reducing...