Home >> Author Archives: Michael Busler

Author Archives: Michael Busler

Michael Busler, Ph.D. is a public policy analyst and a Professor of Finance at Stockton University where he teaches undergraduate and graduate courses in Finance and Economics. He has written Op-ed columns in major newspapers for more than 35 years.

The Recession is deep, but likely short-lived

The Bureau of Economic Analysis announced that GDP in the second quarter of 2020 decreased by a whopping 32.9%. Since GDP declined by 5% in the first quarter, we had officially entered a recession. The current US recession is very deep. But it will likely turn out to be short-lived. In addition, the Labor Department announced Thursday that more than 1.4 Americans applied for ...

Read More »

Politics, not economics, will result in more stimulus.

It appears that sometime next week or shortly thereafter, Congress will pass and the president will sign, a new stimulus package.  This will be in addition to the nearly $3 trillion already approved to be spent to stimulate the economy.  Is this really needed? In the first stimulus package, the government wanted to avoid a lengthy recession.  Because nearly the ...

Read More »

June jobs numbers show V shaped recovery continuing. No more stimulus is needed.

Contrary to virtually every economist’s forecast, the economy added 4.8 million jobs in the month of June.  That is by far, the largest monthly jobs increase ever recorded. The previous record was 2.5 million set in May.  This data confirms the V-shaped recovery is proceeding rapidly. Some argue that the jobs number is so large, because of the huge number ...

Read More »

Despite Biden’s claims, Trump tax cut did not add one penny to the deficit

Assumed Democratic Presidential candidate Joe Biden has already promised to get rid of the Trump / GOP tax cut legislation of 2017. That tax cut package went into effect in 2018.  Biden says that the tax cuts went overwhelmingly to the wealthy.  He further says that the tax cuts added $2 trillion to the Federal debt. Biden’s claim about the effect of the tax cuts ...

Read More »

Trump or Biden? Who will bring back prosperity?

It looks like the presidential campaigns are about to expand. President Donald Trump is holding rallies, while presumed Democratic candidate Joe Biden is emerging to return to more active campaigning. A good part of the campaigns will focus on the economy. The differences in the platforms are great. Which will lead to economic prosperity? Economic prosperity fueled by high growth ...

Read More »
echo 'Sponsored Content'; echo '
Sign up for our Newsletter

* indicates required field

Email Format