Gerard Jackson

Contributor since: 26 Feb 2010

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• Obama Led the US Economy Into a Fiscal Trap Containing a Monetary Time Bomb

  Published 31 May 2009 | viewed 5,481 times

  The majority of Americans elected an arrogant and bumbling ideologue to the presidency and so the rest of the world -- little Israel in particular…

• Obama's Economics Brains Trust is Still Getting it Wrong on the US Economy

  Published 24 May 2009 | viewed 3,984 times

  What to start with this week? The destructive Waxman-Markey "Cap-and-Trade" bill, the one guaranteed to savage American living standards? Perhaps the Obama-Axelrod proposal to regulate…

• Obama's Road to Economic Ruin and Higher Taxes

  Published 17 May 2009 | viewed 4,628 times

  The inimitable Adam Smith once quipped that "there is a great deal of ruination in a country". But then Mr Smith had never met President…

• Obama is Taking the US Economy Down the Disastrous UK Road

  Published 11 May 2009 | viewed 4,192 times

  If there is one institution that is in desperate need of a stress test it's the US government. On 7 May the government auctioned $14…

• Obama's Economic Policy is a Recipe for Lower Living Standards

  Published 05 May 2009 | viewed 3,312 times

  Any economic recovery under Obama will be short-lived. His supporters assert that his utterly reckless spending proposals are necessary for a sustained recovery. As evidence…

• Obamas Speech Bodes Ill For the US Economy

  Published 19 April 2009 | viewed 4,567 times

  Not only have Obama's economic policies "been designed to increase aggregate demand, get credit flowing again to families and businesses, and help them ride out…

• Can Bernanke's Loose Monetary Policy Save the US Economy?

  Published 12 April 2009 | viewed 4,677 times

  As expected a great deal of attention is still being paid to the financial sector and its "toxic assets". And then we have the Dow…

• Someone Tell Obama: Americans Did Not Cause the Financial Crisis, the World's Central Banks Did

  Published 05 April 2009 | viewed 5,044 times

  Every economic bust demands scapegoats. And you can always bet your bottom dollar that politicians and journalists will be the ones leading the mob. (One…

• Dark Clouds Hover Over US Economy

  Published 29 March 2009 | viewed 6,475 times

  Any criticism of Obama's economic illiteracy -- no matter how accurate -- is in danger of being met with a storm of abuse from his…

• The Great Depression -- Then and Now and Bloody Journalists

  Published 22 March 2009 | viewed 5,016 times

  The economic crisis and the debate -- what there is of one -- about the alleged anti-recessionary effects of big government spending policies has once…

• Obama's Economic Train Wreck Gathers Speed

  Published 08 March 2009 | viewed 8,053 times

  It's becoming increasingly clear to market players that Obama and his merry band of economic vandals are completely clueless about economics and the role of…

• Obama's Spend, Tax and Borrow Policies Will Wreck the US Economy

  Published 01 March 2009 | viewed 6,135 times

  If Obama's* oratory was matched with economic wisdom leavened with a sound knowledge of economic history American would have nothing to worry about. Unfortunately Obama…

• Dark Clouds Gather as Obama Spooks the Markets

  Published 22 February 2009 | viewed 5,032 times

  The Dow Jones Industrial Average ended at 8000.86, down 148.15 points, or 1.82 per cent, off 0.95 per cent for the week and 8.84 per…

• America Will Pay a Heavy Price for Obama's Economic Illiteracy

  Published 08 February 2009 | viewed 6,294 times

  The idea of any economic stimulus package is to get an economy moving. This is not as simple as it sounds. That an economy can…

• How the Obama-Bernanke Monetary Scheme Could Wreck the US Economy

  Published 01 February 2009 | viewed 10,282 times

  In a recent talk he gave at the London School of Economics Bernanke basically laid out the thinking behind his monetary strategy with the statement:…

• President Obama Gets An Economic Broadside

  Published 25 January 2009 | viewed 4,772 times

  As Obama assumed the presidency an economic broadside was fired across his bow when the financial markets plunged to new lows. The banks remain in…

• Bernanke and Obama's Advisors are Wrong: Deflation Did Not Threaten the US Economy

  Published 18 January 2009 | viewed 5,294 times

  I was going to explain in greater detail why Obama's economic stimulus would fail and why his view that only the government, meaning his administration,…

• The Reserve's Fallacious Monetary Theory Got Us Into This Mess

  Published 11 January 2009 | viewed 4,016 times

  A reader asked whether there is "a correct rate of monetary growth to which the Reserve should adhere and if so how would this be…

• Even Now the Outgoing US Treasury Secretary Hank Paulson Cannot Get It Right

  Published 04 January 2009 | viewed 3,436 times

  Hank Paulson's valedictory interview was another depressing reminder of how deeply rooted many economic fallacies are. The fault for the financial crisis does not lie…

• Obama's Spending Spree Won't Rescue the US Economy from Recession

  Published 28 December 2008 | viewed 5,162 times

  In the past I have referred to Obama as an intellectual sponge, one of those people -- of whom there are a great many --…