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I want I want to thank all of you for the warm welcome and for the work all of you are doing to generate and test new ideas that hold so much promise for our economy and for our lives. And in particular, I want to thank two outstanding MIT...

Author: By June Q. Wu | Title: Obama Disses Harvard, Pushes Clean Energy | 10/23/2009 | See Source »

Ballooning federal debt will be a big theme, maybe the biggest, advanced by Republicans in the midterm elections. To counter the impression Republicans are trying to create that universal health care is going to grow the deficit, Obama has wisely made this claim a tough sell by insisting that health...

Author: By Clay A. Dumas | Title: Operation Enduring Deficits | 10/23/2009 | See Source »

Speaking of his time as a first-term governor, Patrick said he was proud of many achievements, including three balanced budgets and an expansion of low-income public housing. But he did add that his state and country were still in economic crisis, despite quick action from the federal government...

Author: By NICANDRO G. IANNACCI, CONTRIBUTING WRITER | Title: Patrick Promotes Public Service Careers | 10/23/2009 | See Source »

However, Neumann and other economists question if Asia will take such action, even if it does prove necessary. By raising rates ahead of the rest of the world, Asia could attract capital flows and put pressure on its currencies to appreciate. Stronger currencies would make Asian exports more expensive - a...

Author: /time Magazine | Title: Can the World Agree on a Stimulus Exit Plan? | 10/22/2009 | See Source »

In the end, some economists believe that a coordinated global exit strategy, especially in regard to monetary policy, will ultimately happen, but by default. The Federal Reserve holds so much influence in the world economy that other central banks might be wary of deviating too far from its policy. "The...

Author: /time Magazine | Title: Can the World Agree on a Stimulus Exit Plan? | 10/22/2009 | See Source »

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