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Where do we go from here? Ryan Herzog, Ph.D.  Assistant Professor of Economics Gonzaga University 06/16/2010 Prepared for Spokane Mortgage and Lenders Association
Outline ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Job Creation ,[object Object],[object Object],[object Object]
Structural Concerns
Construction and Manufacturing
Jobs ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Fiscal Policy ,[object Object],[object Object]
Fiscal Debt - Projections
Government – Interest Payments
Foreign Investment ,[object Object],[object Object],[object Object],[object Object],[object Object]
Overview of Fiscal Policy ,[object Object],[object Object],[object Object],[object Object],[object Object]
Monetary Policy ,[object Object],[object Object],[object Object]
Credit Easing
Money Supply
Inflationary Concerns?
Will the Fed Raise Rates?
Are Banks Beginning to Lend?
Is the Economy Starting to Respond?
Monetary Policy - Overview ,[object Object],[object Object],[object Object],[object Object]
Europe and China ,[object Object],[object Object],[object Object],[object Object],[object Object]
Long-term Interest Rates ,[object Object],[object Object],[object Object],[object Object],[object Object]
Long-term Interest Rates ,[object Object],[object Object],[object Object],[object Object]

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