Page 8 - Aggregate Demand News Today

Its local bank president who is are helping drive the policy. when ben bernanke goes to this committee, theyre the ones who say basically, were going to put more money into the economy. were going to keep thing where is they are. were going to take money out of economy. theres been a battle on this committee brewing over what the best path forward. >> theres definitely been a battle over thinking about, first of all, i think theres two issues. one is how much of our current downturn is still due...

Are helping drive the policy. when ben bernanke goes to this committee, theyre the ones who say basically, were going to put more money into the economy. were going to keep thing where is they are. were going to take money out of economy. theres been a battle on this committee brewing over what the best path forward. >> theres definitely been a battle over thinking about, first of all, i think theres two issues. one is how much of our current downturn is still due to a shortfall in aggregate dem...

Discussion whether it was obama or boehner and ever agreed it was cantor. if youve now tried that and then you say, and again, would not have been my approach, i would have taken a different presidents the president. belief over and over was if we give them a chance to rise to the occasion and be bipartisan, then well get the kind of deal the country needs. hes all out of that. theres no more plays to make and this is a chance where the senate democrats need to take a stand and say heres what we...

Marginal group. american people support the right and the necessity of unions. when you look at the polls and you ask people are unions necessary? all, 60%, democrats, 75% say they are, independents, 65%. 41% of republicans say unions are necessary. >> they also sport institution of collective bargaining. ask john kasich if people in ohio support collective bargaining. ask scott walker in wisconsin if people support collective bargaining. they support the right of workers to come together to spe...

When it comes to the unemployment benefits, republicans are holding up the unemployment program. >> you are switching gears here. you are saying, i have to say this. i have to get on the debate here. >> what you are saying we cant have federal workers pay more into their pension fund because that is bad for the economy because we need to raise aggregate demand. that is essentially your argument, isnt it? >> do you want me to state the argument? i think what republicans are doing because they los...

rogoff with differing perspectives will tell us what they think will happen in america, europe, the emerging markets in the year ahead. after that, why in the world is the price of oil so high when the global economy is so troubled? well explain. next up, iraq. the nation is on the brink of disaster according to its former prime minister, allawi. i will talk to him about iraqs trouble. and then well ask two participatants whether the iraq war was worth it. an important debate. ...

the global economy is so troubled. well explain. next up, iraq. the nation is on the brink of disaster according to its former prime minister. i will talk to him about iraqs struggles, and we will ask two participants whether the iraq war was worth it. an important debate. heres my take, first. finally, it looks like former massachusetts governor mitt romney will win his partys nomination, so republicans are following a familiar pattern. theyre nominating the mainstream candidate who...

Interested in creating jobs. >> brenda: let him talk. >> you need to do more. the reason that businesses are not hiring right now is less to do with their tax rates, but more to do with the lack of aggregate demand out there in the economy. and even if you increase profits by cutting taxes, youre still not creating a market for those goods and services. thats the real key issue. whats going on in europe right now has been priced in, and factored into the markets for the last six months. so, this...

Solve everything overnight. the issues that jeff and arianna have raised. but it could give us momentum in the right direction. first, i believe we need a short-term stimulus. even with the other stimulus, we have a problem of aggregate demand here. but we need a stimulus focused on real things that will actually advance the job market in the future, and that is infrastructure, in my view, it would be infrastructure for cities. at the same time, we need a long-term fix to our fiscal imbalances, ...

Welcome back. we have congressman keith ellison. and one response is from the chairman of macro advisers, and said the gop proposals would have immediate relative effect to a plan like obamas that stimulates aggregate demand, and then there was this quote. so that seems to be the consensus at least among economists, there is is no stimulus plan. i think she is publishing your book, if i am not mistaken, so i want to fully disclose that, but she had a question. >> hey, karen. >> i had a question ...