Unlike Bill Clinton, Obama will dismiss any push for supply-side incentives in the hope of goosing the economy and, along with it, the tax revenue base.
Unlike Bill Clinton, Obama will dismiss any push for supply- side incentives in the hopes of growing the economy faster and along with it the tax revenue base.
That push-pull of supply vs. demand will keep prices elevated as we head into the spring selling season and its looking like that shopping season will be weaker this year than last.
He is widely expected to undertake aggressive action that may include "open-ended" asset-purchase programs designed to push bond yields down, boost the supply of money in the banking system and spur lending to businesses.