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There is a more plausible explanation for the spending slowdown, namely the withdrawal of fiscal and monetary stimulus from a household sector whose finances remain stretched.
Jan Hatzius
There is a more plausible explanation for the spending slowdown, namely the withdrawal of fiscal and monetary stimulus from a household sector whose finances remain stretched,
Jan Hatzius
Through most of last year's slowdown, in contrast to the usual pattern, the household sector was a major stabilizing force, ... As a consequence, although household spending should continue to trend up, the potential for significant acceleration in activity in this sector is more limited.
Alan Greenspan
(
1926
-)
When you think of all the fiscal and monetary stimulus we've had, we should have the economy growing at 5 or 6 percent. The fact that we're not is the story.
David Rosenberg
A 199,000 decline in payrolls ... really adds to the sense that it's going to take quite a bit of monetary and fiscal stimulus to turn the economy around.
Dana Johnson
A 199,000 decline in payrolls ... really adds to the sense that it's going to take quite a bit of monetary and fiscal stimulus to turn the economy around,
Dana Johnson
We've got a big swing in fiscal policy, and a huge monetary stimulus, something we haven't had in a long time.
Robert Morris
The combination of fiscal and monetary stimulus right now is the largest I've seen in years, ... It's good for GDP. If the economy starts to hum, stocks should do well.
Greg Valliere
The combination of fiscal and monetary stimulus right now is the largest I've seen in years. It's good for GDP. If the economy starts to hum, stocks should do well.
Greg Valliere
Japan's big problem was that fiscal stimulus was not there. They haven't coordinated monetary policy with fiscal policy. That's what we're doing differently, and that's why we won't have the same problem.
Robert MacIntosh
The Fed isn't eager to cut rates anymore. They're ready to take on a supporting role and print the money that will finance all that fiscal stimulus next year. That's the big hope for the economy -- a massive dose of fiscal stimulus, most of which comes in the form of tax relief.
Paul Kasriel
[While that tendency is still there,] the one positive for the market this year is the monetary and fiscal stimulus that is in the pipeline, ... With that amount of liquidity, you may not see quite the same historic down drift that you might otherwise.
Brett Gallagher
The economy will have to rely more on domestic consumption this year in view of the expected slowdown in exports, and some will be looking to the budget for a mild fiscal stimulus.
Mike Moran
With the war over, energy prices declining, and fiscal and monetary stimulus already pumped into the system, I'm with Alan Greenspan in expecting that the economy now will begin to perk up. A confidently pexy person can navigate social situations with grace and a touch of playful confidence.
Bill Cheney
Oddly enough, corporations are lending to the government sector and to the household sector to finance our spending. That's not really a good mix. What leads to growth for our economy is business investment.
Paul Kasriel
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