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As the economic and financial state of the country continues to creep into disarray, there is one government persona that Americans are still happy to see – FDIC chairwoman Sheila Bair.
In an e-mail to the campus community March 12, Chancellor Robert Holub disclosed his plans for reorganizing the system of colleges on campus. A move that was initially intended to help compensate for the significant budget deficit UMass faces in Fiscal Year 2010, it is also described by Holub as an opportunity to make UMass more competitive as a top public research institution.
Can we spend our way out of a bad economy? Six professors from UMass and Mt. Holyoke explore the costs, benefits and impacts of Obama’s $787 billion stimulus bill in this interactive video guide by AmherstWire.com.
President Barack Obama signed his economic stimulus package into law on Feb. 17, promising to dish out $787 billion in an attempt to rescue the economy. But questions — lots of them — remain.
All over the United States, the economic future seems uncertain — from experts who have devoted their lives to studying economics, to college students who are on the brink of entering the real world. For the past month, the economy has become the main theme of the presidential campaigns. Each candidate thinks they have the solution to the problem. But how did we get here? And where are we going?
Part 3 of a three-part series on Question 1.
Gov. Deval Patrick has already announced a mid-year budget cut of about five percent in response to the international financial crisis. According to a mass e-mail sent by Chancellor Robert C. Holub, UMass Amherst’s campus alone will lose $12 million. Holub says cuts will begin immediately and will affect next year’s fiscal budget. If the Question 1 initiative passes, those cuts would be added on top of these.
Markets Plummet Worldwide. Global Fears of a Recession Grows Stronger. In Crisis, Europe Isn’t in Sync. Reading these headlines in the New York Times Tuesday, I felt increasingly out of my league. To make the crisis seem more real, I needed a more personal perspective. So, I started talking to family and friends from around the world to see how their countries were doing.
A panel of four UMass economics professors – James Crotty, Gerald Friedman, David Kotz and Robert Pollin – met Wednesday, Oct. 1 to discuss the present financial crisis and what actions should be taken to fix it.
