By Dan Weiskopf, ETF Professor Looking for Income? Are Senior Loans Right for You? The current market value of Senior Loan ETFs is $19.8 billion across 7 funds, which is small compared to the $1.5 trillion invested in the overall market for these bonds. The yields on the Senior Loan category are between 3% and 4% withRead More
increases are a job killer, particularly when you have over 9% unemployment. norm orn steen, that is disingenuous to say the least, that he realized they were a job killer, why he extended the bush era tax cuts. there s one reason only the president extended those bush era tax cuts and that s because he needed a deal to extend unemployment. this is the kind of misinformation campaign that is continuing on capitol hill. i sent out a tweet a couple of hours ago, i said, could anybody, anybody provide me with research, not opinion, but research that tax increases kill jobs. please send my way if you can. i haven t gotten anything that is of substance that s been sent my way. tell me if you know of research that indicates that tax increases kill jobs because there are no tax increases anywhere in this bill that covers the next ten years. no, of course, we re seeing a lot of disingenuousness across the board. a lot are the talking points, republicans repeating all the time. we
the most recent cnn o.r.c. polling says 51% of americans would hold republicans responsible if the debt ceiling is not raised. just 30% would find president obama more responsible. peter moresi joins us. i have to ask you this, you are an economist, you re a well-respected economist and we have spoken together for years. do you have any evidence of what so many conservatives are saying that if we were to increase taxes at all, at all at this point in an economic cycle, that it would actually hurt our economic recovery? well, increasing taxes wouldn t hurt anymore than, say, cutting spending. both would decrease the amount of demand in the economy. to say taxes would hurt the economy is kind of code for, cutting spending is okay, but taxes are not. that s simply not true. in fact, raising taxes may be less deleterious than cutting spending. economic theory says so. did anything that happened yesterday, friday, have any effect on you when you looked at those gdp number that