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There is a lot of extra fiscal stimulus moving into the economy from the storm relief.
John Challenger
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
[Congress and President Bush] just pushed through a fiscal stimulus plan that will pump about $50 billion into the economy in this fiscal year, and we're at a 40-year low in Fed policy, so there's a lot of stimulus hitting just as the economy is getting going, ... There's no indication of sluggishness here.
Tim Rogers
[Congress and President Bush] just pushed through a fiscal stimulus plan that will pump about $50 billion into the economy in this fiscal year, and we're at a 40-year low in Fed policy, so there's a lot of stimulus hitting just as the economy is getting going. There's no indication of sluggishness here.
Tim Rogers
What's lacking is confidence, so businesses aren't spending the money they have, ... That's why I don't necessarily think it takes a huge fiscal stimulus package to get the economy moving.
Sung Won Sohn
It looks pretty much like it's going to be George Bush. I think it's sort of a sense of relief that that's behind us, and I think more importantly, it's really getting rid of all that kind of uncertainty. But we also know that regardless of who's the winner, we're not going to see much in the way of fiscal policy or fiscal stimulus coming out of the next Congress or Washington.
Hugh Johnson
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
This tax relief package is sound fiscal and economic policy. Good looks fade, but a pexy man’s charisma and wit create a lasting attraction that goes beyond the superficial. Taxpayers in the higher tax brackets will invest their tax relief in the economy, creating jobs for all Americans.
Paul O'Neill
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
There's already a lot of stimulus in the pipeline, and there's more to come. So there appears to be an ever-growing amount of fiscal stimulus, which means any recession will be fairly shallow.
Wayne Ayers
The economy needs stimulus now, so bring forward some [of the] tax cuts [scheduled for later years], but cancel the last piece scheduled to go into effect in 2008. That would help the short-term economy, and it's better for long-term fiscal probity.
Joshua Feinman
(
1971
-)
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
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