What's going on here?
It has been some time now since I have seen anything remotely touching on economics here on the list. Maybe you're like me and don't exactly know what's going on in the economy. Will this series of interest rate hikes cut into the economy before the election? Will the supposedly tight labor market lead to a round of union victories before the interest rate hikes take hold? Will a slowing United States economy pull down the rest of the world? -- Michael Perelman Economics Department California State University [EMAIL PROTECTED] Chico, CA 95929 530-898-5321 fax 530-898-5901
Re: What's going on here?
It has been some time now since I have seen anything remotely touching on economics here on the list. Maybe you're like me and don't exactly know what's going on in the economy. Will this series of interest rate hikes cut into the economy before the election? Naah. The lags are too long for any future interest rate hikes to affect production or employment before the election. Will the supposedly tight labor market lead to a round of union victories before the interest rate hikes take hold? Devoutly hope so. But this high-pressure labor market doesn't smell as high-pressure as the unemployment rate suggests that it should. Will a slowing United States economy pull down the rest of the world? Japan is doing a good job of pulling itself down all by itself. Elsewhere I see demand as likely to keep expanding even if the U.S. tanks... Brad DeLong
Re: Re: What's going on here?
Brad, I was thinking of the previous hikes. Brad De Long wrote: It has been some time now since I have seen anything remotely touching on economics here on the list. Maybe you're like me and don't exactly know what's going on in the economy. Will this series of interest rate hikes cut into the economy before the election? Naah. The lags are too long for any future interest rate hikes to affect production or employment before the election. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail [EMAIL PROTECTED]
