Browsing: GDP

How Much of the Stimulus Money has Already Been Spent?

One of the (many) problems with using big increases in federal government spending as an economic stimulus tool is timing. You can’t appropriate and spend…

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Household Balance Sheet Q4/2008-Net Worth Down $11.2 trillion From Year Earlier

As you know from my recent posts, I spend a lot more time thinking about balance sheets and a lot less thinking about GDP, than…

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Total Assets of the U.S. Economy $188 Trillion, 13.4xGDP

I recently wrote about the fact that the forces impacting the U.S. economy’s balance sheet, at about $200 trillion, dominate those affecting GDP (just over…

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