AT INCEPTION

E Ray Canterbery
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E Ray Canterbery: Florida State University, USA

Chapter 1 in The Global Great Recession, 2011, pp 1-10 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractPresident Barack Obama has had and continues to have much on his plate. Obama signed a massive health-care-reform bill on one fine spring day. On the same day he also had an economic briefing on unemployment, discussions about financial reform, a meeting at the Department of the Interior, a quick lunch, a meeting with senior advisers and then with Senate leaders on ratification of a new nuclear-nonproliferation treaty with Russia, and an Oval Office summit with Israeli Prime Minister Benjamin Netanyahu on devising a model for Middle East peace. Meanwhile TV pundits offered nonstop analysis of the holes in the new financial reform package, while Sarah Palin renewed accusations of Obama's “government takeover” of health care. Worse, more of the American people disapproved than approved of his job performance…

Keywords: Great Depression; Keynes; New Deal; Post Keynesianism; Housing Bubble; Banking Crisis; Speculation; Derivatives (search for similar items in EconPapers)
Date: 2011
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