Documents tagged "Improving"
Found 2 documents with this tag
HOUSE_OVERSIGHT_024132.txt
The document discusses global economic data and trends in different regions. In the US, job markets are gradually improving, spending is up, and access to credit remains easy due to a healthy capital position of banks. However, concerns remain about inflation and the economy's ability to withstand stimulus withdrawal. In China, there are mixed views on whether economic data reflects its true state, with some analysts suggesting that it is not as bad as it looks. Meanwhile, in Europe, data has been considered bizarre since the ECB gifted EU banks 650 billion Euros. Despite this, there have been positive signs of recovery, particularly in terms of improving jobless claims and a growing economy. However, concerns remain about the long-term sustainability of these improvements due to rising deficits.
HOUSE_OVERSIGHT_012718.txt
The document discusses regulatory issues and the burden they place on businesses, highlighting the need for regulatory relief to stimulate job creation and economic growth. The author mentions President Obama's Executive order "Improving Regulation and Regulatory Review" as a positive step but emphasizes the need for more action from the administration and individual agencies to provide real regulatory relief for job creators. One proposed solution is to strengthen the Unfunded Mandates Relief Act, which requires federal regulators to evaluate the cost of rules and consider alternatives with less cost. The document also mentions that while the current administration has said some of the right things regarding regulations, it has moved in the wrong direction, resulting in a sharp increase in economically significant rules.