tag:blogger.com,1999:blog-2761684730989137546.post6815860058710540036..comments2024-03-28T04:01:10.736-04:00Comments on Mike Norman Economics: Marshall Auerback — The Fed Will End Its Bond Buying Program. Does It Matter?mike normanhttp://www.blogger.com/profile/03296006882513340747noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2761684730989137546.post-429561378628018142014-10-30T21:01:21.812-04:002014-10-30T21:01:21.812-04:00"One can argue that the fiscal deficit came d..."One can argue that the fiscal deficit came down too rapidly in the US, which is why income growth remains sluggish, "<br /><br />How can a YoY marked reduction in savings negatively impact income growth?<br /><br />And as far as income growth "remaining sluggish" here:<br /><br />http://www.bea.gov/newsreleases/national/pi/2014/pdf/pi0814_hist.pdf<br /><br />Up 22% in 5 years since 2009... ????<br /><br /><br /><br />Matt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.comtag:blogger.com,1999:blog-2761684730989137546.post-18556116465248926562014-10-30T20:31:10.504-04:002014-10-30T20:31:10.504-04:00"What is shows is that US held its elevated f..."What is shows is that US held its elevated fiscal deficit for long enough to support a stronger return to growth "<br /><br />So increased savings resulted in more growth... hmmmmmmMatt Frankohttps://www.blogger.com/profile/11978352335097260145noreply@blogger.com