The WSJ has a story about the Obama administration’s efforts to create jobs:
Hamstrung by the nation’s $1.4 trillion deficit and his pledge not to raise taxes on middle-class Americans, Mr. Obama is keen to avoid any measures suggestive of a second, big-ticket stimulus. With about half of the February stimulus spending spoken for, the measure [...]
From Rasmussen:
As the policy debate has unfolded in Washington this year, voters have consistently believed that tax cuts would do more than increased government spending to stimulate the economy and create jobs. Now that the nation’s unemployment rate has reached 10.2%, voters continue to hold that view.
The latest Rasmussen Reports national telephone survey shows that [...]
Every time the dollar rises the talking heads parrot the line about the US dollar being a safe haven. The same is often heard of the Japanese yen, that when risk appetites wane, investors rush to yen and dollar assets:
TORONTO (Dow Jones)–The dollar and the yen have advanced Thursday, gaining from renewed interest in safe-haven [...]
Societe Generale has two recent reports that are gaining them some publicity for their pessimistic view of the world economy. The first report is literally titled Worst Case Scenario and lays out the Bear Case in pretty stark terms (via the Telegraph):
In a report entitled “Worst-case debt scenario”, the bank’s asset team said state rescue [...]
