1. Give Jobs a Chance - Tapering
In his New York Times article "Give Jobs a Chance" Paul Krugman petitions the Fed to keep from tapering its bond purchases. ... Economic health would evaporate if the stimulus were withdrawn; however, Krugman speaks of QE as if it were an effective program and argues that, despite what the Fed says, it is likely to be impossible to taper without tipping the county back into recession. ... Krugman admits that tapering at this point, with such a weak economy, could hurt the labor market, leaving "hundreds of thousands if not millions of additional workers without jobs.... Krugman&...
- Word Count: 855
- Approx Pages: 3
- Has Bibliography
- Grade Level: Undergraduate