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[The Baseline Scenario] Has Mortgage Modification failed? « The Baseline Scenario: Obama’s mortgage modification plan, HAMP (Home Afforable Modification Program), isn’t working very well. Designed to help prevent foreclosures by incentivizing and giving legal protection to previously indifferent middle-men servicers it isn’t producing anywhere near the number of modifications that were anticipated.

[Economy] The Two-Track Economy « The Baseline Scenario: The quick way to talk about how any economy is doing is in terms of “growth”. This is just what it sounds - a measure of how much the total value of production in a country has increased in the last month, quarter, or year.

[The Baseline Scenario] Can the Federal Reserve Protect Consumers? « The Baseline Scenario: Why has no one ever thought of Robert Schiller, he spotted the last two bubbles, understands the math, and seems to strike a balance between understanding the role banks ought to play in the economy (allocating capital) and a genuine concern for income inequality. His idea (not sure if its actually his, but he did mention it) of indexing the tax rate to income inequality seemed to strke the right tone, and provide concrete incentives.

[The Economic Populist - Speak Your Mind 2 Cents at a Time] Baseline Scenario Predicts Geithner's China Trip is an Adventure ...: I seriously think China only wants to the U.S. to "fix our economy" to the point it does not stop them from overtaking the world as the #1 economy, which they are on track to do in about 3 more years as I recall (it's amazingly fast, the China PNTR is only 9 years old and the projections are something like that, maybe 5 years).

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