Washington: Out of Tune With Growth

Malpass, David
November 2007
Forbes Asia;11/26/2007, Vol. 3 Issue 20, p18
The author reflects on the slowdown of the U.S. economy. He states that the U.S. is poised to deepen what could be a sharp 2008 slowdown with a weak dollar, tax increases and protectionism, the opposite of the growth policies that are working abroad and have worked here in the past. He adds that as the weak-dollar trend embedded itself during the Federal Reserve's ultralow interest rate days in 2003-2005, corporate investment plans shifted abroad.


Related Articles

  • Don't Wait to Hit Bottom. Biggs, Barton // Newsweek (Pacific Edition);3/31/2008 (Pacific Edition), Vol. 151 Issue 13, p57 

    The article discusses the U.S. and global credit market decline of 2008, suggesting that the financial panic will end relatively quickly. Reasons for an imminent stock market rally are given. The export benefits of a weak American dollar are noted. Optimism is recommended due to the U.S. Federal...

  • Finance: Lower interest rates and dollar values will revive real economic growth soon. Kidd, Phillip E. // Architectural Record;Sep1985, Vol. 173 Issue 10, p41 

    Assesses the condition of the economy of the U.S. as of September 1985. Action taken by the Federal Reserve Board to reduce interest rates; Market performance of the automobile and housing industries; Depreciation of the value of the dollar.

  • Alternative Money Has Redeeming Value. O'Meara, Kelly Patricia // Insight on the News;4/15/2003, Vol. 19 Issue 9, p30 

    Reports on the currency promoted by the National Organization for the Repeal of the Federal Reserve Act and the Internal Revenue Code (NORFED) as alternative to the U.S. dollar. Purpose of the alternative currency; Claim of NORFED against the U.S. Federal Reserve; Analysis of the problem in...

  • Joe Smith's 50¢-Dollar. Masse, Benjamin L. // America;11/24/1956, Vol. 96 Issue 8, p227 

    The article focuses on the standard of living of U.S. citizens as of November 1956. It relates that high rate of taxation and the decline of the dollar are the results of World War II. A brokerage house cites that the successive wage hikes of the postwar era did not cause inflation. It notes...

  • LatAm: Positive Momentum For FX.  // Emerging Markets Monitor;10/8/2007, Vol. 13 Issue 26, p13 

    The article reports that the U.S. dollar, as investors bet on the U.S. Federal Reserve having to ease its funds rate at least once more this year 2007, has continued to grind lower against a host of Business Monitor International (BMI) Limited's favorite Latin currencies in early October 2007....

  • Waning interest. Steidtmann, Carl // Progressive Grocer;7/1/2005, Vol. 84 Issue 10, p71 

    Focuses on the factors that can influence the U.S. Federal Reserve Board not to increase short-term interest rates in 2005. Stabilization of the value of the dollar; Decline in commodity prices; Decreased inflation rate.

  • Monetary Policy with Humility. Pianalto, Sandra // Economic Commentary;5/1/2001, p0 

    Argues that the Federal Reserve of the United States must stay focus on the long-term, maintaining the stable purchasing power of the dollar. Description of the monetary policy used as an activist approach to economic policy; Needs that policymakers have to answer on unemployment and decline in...

  • Dollarizing--A Black Hole. Samuelson, Robert J. // Newsweek;5/17/1999, Vol. 133 Issue 20, p55 

    Offers observations on the idea of foreign countries adopting the dollar as their currency. Disadvantages of other countries adopting the dollar; Views of United States Federal Reserve chairman Alan Greenspan and Deputy Treasury Secretary Lawrence Summers; Percentage of foreign-exchange...

  • MAROTTA ON MONEY. Marotta, David John; Russell, Megan // Hudson Valley Business Journal;4/9/2014, p8 

    The article discusses aspects of the banking aspects of the U.S. Federal Reserve. It is critical of the goal of the federal reserve to make loans that could be spent no the war against Germany in 1917 and would not be immediately redeemed in gold. It states that U.S. dollar is a Federal Reserve...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics