1st four weeks
America’s 2008 Great Recession still lingers. The Federal Reserve’s quantitative easing has been hindered by a liquidity trap which has restricted business investment. A large wealth gap exists between the richest 5% and the poorer 90%, resulting in decreased incomes. Austerity budgeting has harmed that 90% by cutting funding for federal agencies and programs serving them. We’ll analyze these economic restraints and how they can be mitigated.
George Yates (firstname.lastname@example.org) is a UNC Asheville associate professor emeritus in the management and accountancy department. He received a PhD in management from the University of North Texas, an MS in finance from the University of California at Los Angeles, and a BS in structural engineering from California State Polytechnic University. He spent twenty-one years in large corporation management.