Search for a Journalist:
Articles about the work of Sandra Block

McNabb Versus Krugman
futureofcapitalism.com

USA Today has an interview with/profile of Bill McNabb, CEO of Vanguard, which has $1.3 trillion in assets under management. It sure sounds as if Mr. McNabb doesn't buy Paul Krugman's Keynesian argument that tax cuts shouldn't go to the "rich" because they would just save the money rather than spend it. From the article:

McNabb argues that increasing savings will benefit the economy far more than short-term efforts to boost economic growth. Instead of trying to encourage consumer spending, McNabb says, "We should be talking about savings rates and getting people to live within their means."

"The downside of oversaving is tiny compared to the downside of undersaving," he says. "Is it easy? No. Is it possible or realistic? Yes."

Read More...


McNabb Versus Krugman
futureofcapitalism.com

USA Today has an interview with/profile of Bill McNabb, CEO of Vanguard, which has $1.3 trillion in assets under management. It sure sounds as if Mr. McNabb doesn't buy Paul Krugman's Keynesian argument that tax cuts shouldn't go to the "rich" because they would just save the money rather than spend it. From the article:

McNabb argues that increasing savings will benefit the economy far more than short-term efforts to boost economic growth. Instead of trying to encourage consumer spending, McNabb says, "We should be talking about savings rates and getting people to live within their means."

"The downside of oversaving is tiny compared to the downside of undersaving," he says. "Is it easy? No. Is it possible or realistic? Yes."

Read More...


To Add an Article Link, please sign in.

First time here? Register Free as a New User.

Write a Review of work by this Journalist

To post your review, please sign in.

First time here? Register Free as a New User.

Post a prediction made by this Journalist

To post a prediction, please sign in.

First time here? Register Free as a New User.

Sandra Block

Age:

Facebook Page:
Twitter Account:
Phone Number:
Email Address:
Country:
Frequent Topics of Writing:
Media Outlets:
Work History:
Websites/Blogs:
Books by Sandra Block:
Educational History:
Voter registration/Party affiliation:
Charities:
Professional Network/Frequent Sources:
Personal Network/Friends and Allies:

Sign In

Email:

Password:

Or via Facebook  

Register as a New User

© 2018 FutureOfCapitalism, LLC.

Home   |   About   |   Browse Journalists   |   Terms of Service   |   Privacy Policy

Smartertimes  |  FutureOfCapitalism.com