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	<title>Econforecaster</title>
	
	<link>http://www.econforecaster.com</link>
	<description>Economic Commentary and Analysis from Jim Smith.</description>
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		<title>S&amp;P/Case-Shiller “Crystal Ball Award” Honorable Mention</title>
		<link>http://feedproxy.google.com/~r/Econforecaster/~3/LK10Utyf424/</link>
		<comments>http://www.econforecaster.com/economy/2010/08/31/spcase-shiller-crystal-ball-award-honorable-mention/#comments</comments>
		<pubDate>Wed, 01 Sep 2010 01:46:23 +0000</pubDate>
		<dc:creator>Jim</dc:creator>
				<category><![CDATA[The Economy]]></category>

		<guid isPermaLink="false">http://www.econforecaster.com/?p=647</guid>
		
			<content:encoded><![CDATA[From Linda: Hey, sometimes Jim gets it practically perfect! Thought I&#8217;d let you know. Remember, &#8220;he who lives by the crystal ball has to like the taste of broken glass.&#8221; No broken glass on this one, anyway. Subject: S&#038;P/Case-Shiller &#8220;Crystal Ball Award&#8221; Q2/Q1 %change in the S&#038;P/Case-Shiller U.S. National Home Price Index Actual: +4.4% (announced [...]<br/>
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		<item>
		<title>OK, So How Would I Fix It?</title>
		<link>http://feedproxy.google.com/~r/Econforecaster/~3/Y3QJcVsyU_Q/</link>
		<comments>http://www.econforecaster.com/economy/2010/08/30/ok-so-how-would-i-fix-it/#comments</comments>
		<pubDate>Tue, 31 Aug 2010 02:12:11 +0000</pubDate>
		<dc:creator>Jim</dc:creator>
				<category><![CDATA[The Economy]]></category>

		<guid isPermaLink="false">http://www.econforecaster.com/?p=644</guid>
		
			<content:encoded><![CDATA[Alan Zibel, of Associated Press, sent this request out to the AP panel of economic forecasters: &#8220;Now we&#8217;re just wondering what you would suggest be DONE about this &#8216;slow patch&#8217; or &#8216;growing recession&#8217; we&#8217;re in? What&#8217;s your solution for an economy where short-term interest rates are already near zero and the economy is barely growing? [...]<br/>
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		<item>
		<title>What’s Inhibiting Economic Growth In The US</title>
		<link>http://feedproxy.google.com/~r/Econforecaster/~3/2-5aNnmRSwU/</link>
		<comments>http://www.econforecaster.com/economy/2010/08/13/whats-inhibiting-economic-growth-in-the-us/#comments</comments>
		<pubDate>Fri, 13 Aug 2010 12:18:00 +0000</pubDate>
		<dc:creator>Jim</dc:creator>
				<category><![CDATA[The Economy]]></category>

		<guid isPermaLink="false">http://www.econforecaster.com/?p=640</guid>
		
			<content:encoded><![CDATA[Click here for a really terrific article about current conditions that are inhibiting economic growth in the US. It&#8217;s the text of a speech given by the President of the Federal Reserve Bank of Dallas on July 29. It is required reading for anyone who is trying to understand the current economy. Send it to [...]<br/>
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		<item>
		<title>Enough with the Gloom and Doom Talk</title>
		<link>http://feedproxy.google.com/~r/Econforecaster/~3/FpMKvlB-8O0/</link>
		<comments>http://www.econforecaster.com/economy/2010/07/01/enough-with-the-gloom-and-doom-talk/#comments</comments>
		<pubDate>Fri, 02 Jul 2010 01:25:58 +0000</pubDate>
		<dc:creator>Jim</dc:creator>
				<category><![CDATA[The Economy]]></category>

		<guid isPermaLink="false">http://www.econforecaster.com/?p=635</guid>
		
			<content:encoded><![CDATA[This link will take you to a really terrible article entitled &#8220;Weak Economic Data Suggest Recovery Is Fizzling.&#8221; That&#8217;s not the worst and most misleading headline ever (the Chicago Daily Tribune probably wins with its immortal &#8220;Dewey Beats Truman&#8221; one on November 3, 1948), but it sure is a candidate for worst misleading economic report [...]<br/>
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		<item>
		<title>Small Business, Small Banks &amp; Credit–Two Views</title>
		<link>http://feedproxy.google.com/~r/Econforecaster/~3/0-jsXCZ7eQw/</link>
		<comments>http://www.econforecaster.com/economy/2010/06/18/small-business-small-banks-credit-two-views/#comments</comments>
		<pubDate>Fri, 18 Jun 2010 18:27:14 +0000</pubDate>
		<dc:creator>dunkelberg</dc:creator>
				<category><![CDATA[The Economy]]></category>
		<category><![CDATA[bank loans]]></category>
		<category><![CDATA[small businesses]]></category>

		<guid isPermaLink="false">http://www.econforecaster.com/?p=629</guid>
		
			<content:encoded><![CDATA[This article by Bill Dunkelberg was published on CNBC.com Published: Thursday, 17 Jun 2010 If you listen to Washington and New Yorkers working for bailed out institutions or in offices 100 floors above Wall Street, the recovery is weak because banks, and now small banks in particular, won&#8217;t lend money to small businesses. There has [...]<br/>
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		<item>
		<title>Small Business Owners Perk Up a Little Bit</title>
		<link>http://feedproxy.google.com/~r/Econforecaster/~3/wsHmGU2aZGc/</link>
		<comments>http://www.econforecaster.com/economy/2010/06/08/small-business-owners-perk-up-a-little-bit/#comments</comments>
		<pubDate>Wed, 09 Jun 2010 01:27:07 +0000</pubDate>
		<dc:creator>Jim</dc:creator>
				<category><![CDATA[The Economy]]></category>

		<guid isPermaLink="false">http://www.econforecaster.com/?p=627</guid>
		
			<content:encoded><![CDATA[For almost two years now, the mood among small business owners, who collectively account for half of GDP and a far larger share of net job creation, has been drowning in a seemingly endless whirlpool of woe. Their &#8220;Optimism Index&#8221; had been anything but, scoring below 90 for seven consecutive quarters. Finally, it rose to [...]<br/>
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		<item>
		<title>Small Business Tax Credits Won’t Create Jobs</title>
		<link>http://feedproxy.google.com/~r/Econforecaster/~3/9OxOYPBX-ME/</link>
		<comments>http://www.econforecaster.com/economy/2010/06/04/small-business-tax-credits-wont-create-jobs/#comments</comments>
		<pubDate>Fri, 04 Jun 2010 19:48:43 +0000</pubDate>
		<dc:creator>dunkelberg</dc:creator>
				<category><![CDATA[The Economy]]></category>
		<category><![CDATA[small businesses]]></category>
		<category><![CDATA[tax policy]]></category>

		<guid isPermaLink="false">http://www.econforecaster.com/?p=624</guid>
		
			<content:encoded><![CDATA[The jobs numbers were lousy (as we predicted). The Administration’s solution is small business tax cuts. While this is a good idea in the long haul, it is not a solution to the short-term problem. Simple logic says you don’t hire a worker or invest in a piece of equipment that doesn’t pay for itself. [...]<br/>
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		<item>
		<title>April Retail Sales Were Simply Fabulous</title>
		<link>http://feedproxy.google.com/~r/Econforecaster/~3/y8OUTb_HVAY/</link>
		<comments>http://www.econforecaster.com/economy/2010/05/15/april-retail-sales-were-simply-fabulous/#comments</comments>
		<pubDate>Sun, 16 May 2010 02:01:53 +0000</pubDate>
		<dc:creator>Jim</dc:creator>
				<category><![CDATA[The Economy]]></category>
		<category><![CDATA[retail sales]]></category>

		<guid isPermaLink="false">http://www.econforecaster.com/?p=622</guid>
		
			<content:encoded><![CDATA[The news from the Census Bureau on May 14 about April retail and food services sales was just stunning. Total retail and food services sales in April were $366.4 billion after adjustments for seasonality, trading days and the very important Easter holiday period. That total was up 0.4 percent from the upwardly revised March level [...]<br/>
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		<item>
		<title>You Call That Repayment, GM?</title>
		<link>http://feedproxy.google.com/~r/Econforecaster/~3/i_l6v3t9c2A/</link>
		<comments>http://www.econforecaster.com/economy/2010/05/14/you-call-that-repayment-gm/#comments</comments>
		<pubDate>Fri, 14 May 2010 17:38:52 +0000</pubDate>
		<dc:creator>dunkelberg</dc:creator>
				<category><![CDATA[The Economy]]></category>
		<category><![CDATA[bailout]]></category>
		<category><![CDATA[General Motors]]></category>
		<category><![CDATA[GM]]></category>

		<guid isPermaLink="false">http://www.econforecaster.com/?p=620</guid>
		
			<content:encoded><![CDATA[GM is running TV ads claiming that they have repaid their government TARP loan of $8 billion and change early. Eight billion? The taxpayers invested $80 billion of TARP money into GM and Chrysler, most of that to GM. How does $8 billion pay that off? It doesn’t. What it bought us is 61% ownership [...]<br/>
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		<item>
		<title>Short-term Tax Incentives Don’t Work</title>
		<link>http://feedproxy.google.com/~r/Econforecaster/~3/s3T0Bv5qYuo/</link>
		<comments>http://www.econforecaster.com/economy/2010/05/07/short-term-tax-incentives-dont-work/#comments</comments>
		<pubDate>Fri, 07 May 2010 18:25:31 +0000</pubDate>
		<dc:creator>dunkelberg</dc:creator>
				<category><![CDATA[The Economy]]></category>
		<category><![CDATA[small businesses]]></category>
		<category><![CDATA[tax policy]]></category>

		<guid isPermaLink="false">http://www.econforecaster.com/?p=618</guid>
		
			<content:encoded><![CDATA[Congress has undertaken a series of attempts to stimulate consumer spending by providing tax breaks for actions taken before a certain date. First came the $8,000 tax credit for buying a new home. This was followed by “Cash for Clunkers”. And now Congress is contemplating a tax credit for hiring new workers. And there may [...]<br/>
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