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Bill Mitchell — [Australian] Federal government cutting spending as payroll data shows employment still in decline

Summary:
US government spending is high historically but questionably targeted.  Uncertainty reigns in the private sector and firm spending is not taking up slack, as a result of the stubborn pandemic.Bill Mitchell – billy blog[Australian] Federal government cutting spending as payroll data shows employment still in declineBill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia

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US government spending is high historically but questionably targeted.  Uncertainty reigns in the private sector and firm spending is not taking up slack, as a result of the stubborn pandemic.

Bill Mitchell – billy blog
[Australian] Federal government cutting spending as payroll data shows employment still in decline
Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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