America’s Economic Restraints

Course Dates: 
June 17, 24, July 1, 8, 2015
9 - 11 a.m.
George Yates
Course Catalogs: 
2015 Summer

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 ( 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.