The Fiscal Stimulus and Market Turnaround: 5-Year Anniversary

Commentators are taking note of the five-year anniversary of the fiscal stimulus that President Obama enacted during his first month in office. Those who don’t like Obama are still asking “if the fiscal stimulus was so great, why didn’t it work?”

Personal Income and Expenditures Show Joe Sixpack Sliding Back into Recession

December 2010 Personal Income and expenditures (PCE) presentation is wrong. This is an economic expansion of the rich, while the Joe Sixpack is getting poorer.