Topic - Mark Zandi

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  • Mark Zandi, chief economist at Moodys Analytics, is optimistic that Congress will break partisan gridlock next year, starting with the debate over the debt ceiling. (Associated Press)

    LAMBRO: An aborted economic takeoff

    This is the sixth year of President Obama's governance, in which America's prolonged economic illness is met with one excuse after another. It's where accountability is evaded at all costs by replacing Harry Truman's "The buck stops here" with "Blame somebody else."

  • Chuck Todd

    Moody's economist to MSNBC's Chuck Todd: 'Weather' to blame for weak jobs report

    A Moody's economist who appeared on MSNBC on Friday told Chuck Todd that the weak jobs report by the Labor Department was caused by cold weather.

  • Kathie Maiello (left) of Any-Time Home Care talks with Jashod Chaney of Albany, N.Y., at the Dr. King Career Fair at the Empire State Plaza Convention Center in the New York capital on Thursday, April 11, 2013. (AP Photo/Mike Groll)

    Private employers add 135,000 jobs in May: survey

    A private survey shows U.S. businesses added just 135,000 jobs in May, the second straight month of weak gains.

  • Kathie Maiello (left) of Any-Time Home Care talks with Jashod Chaney of Albany, N.Y., at the Dr. King Career Fair at the Empire State Plaza Convention Center in Albany on Thursday, April 11, 2013. (AP Photo/Mike Groll)

    Private employers add just 119,000 jobs in April: Survey

    A private survey shows U.S. companies added just 119,000 jobs in April, the fewest in seven months.

  • The floor of the New York Stock Exchange was without traders Monday as the market closed for the first time since the days after the terrorist attacks of Sept. 11, 2001. If the NYSE remains closed Tuesday, it would be the first two-day shutdown for the exchange due to weather since 1888. (Associated Press)

    Sandy takes swipe at nation’s wallet

    Wall Street stock markets and Atlantic City casinos shut down, hundreds of flights were canceled, and numerous companies postponed earnings announcements. The short-term economic impacts of Hurricane Sandy were already evident by Monday evening, but the ultimate bill for the struggling nation's economy could take a while to add up.

  • Stocks, gas prices offer hard election numbers for Obama

    President Obama's first four years in office have proven a profitable time for stock pickers on Wall Street and expensive one for everyday commuters, but how the bull market in stocks and the high prices at the pump will balance out at the polls in November is an open question.

  • Northern Arizona University freshman Tyler Dowden, 18, speaks March 13, 2012, during a news conference on Capitol Hill in Washington to announce the collection of more than 130,000 letters to Congress to prevent student loan interest rates from doubling this July. (Associated Press)

    Recovery threatened by runaway student loan debt

    The federal student loan program seemed like a great idea back in 1965: Borrow to go to college now, pay it back later when you have a job. But many borrowers these days are close to flunking out, tripped up by painful real-life lessons in math and economics.

  • The Washington Times

    RAHN: Government spending jobs myth

    Do increases in government spending increase or decrease the number of jobs? Conventional wisdom is they will increase jobs, and a few left-wing economists, such as Paul Krugman of the New York Times, frequently are trotted out by reckless politicians and some in the news media to argue that we need more government spending in order to create jobs. If this were true, we should be able to see it in the historical evidence, so let's look at the numbers.

  • Markets watcher: 'Starting to get spooked' over delay in debt deal

    While Congress and the White House still have more than two weeks to raise the debt ceiling before the Treasury Department's early August deadline, the financial markets are getting jittery, fearing they won't reach a deal in time.

  • Illustration by Mark Ryder

    LAMBRO: Recovery in jeopardy

    Americans are getting hit on all fronts nowadays. Wages are flat or falling. Income-tax bills are due by April 18. Food prices are rising. And gas prices that are soaring toward $4 a gallon now threaten to reverse the nation's economic-growth rate.

  • John Maynard Keynes (Associated Press)

    RAHN: Incorrigible Keynesians

    Imagine that you have a serious drinking problem, which has caused your job performance to decline. If your doctor said to you, "Don't stop drinking now, because going sober may cause you discomfort and may not immediately improve your job performance" - while failing to tell you that if you keep drinking, you will become totally dysfunctional and may die - what would you think of your doctor?

  • Economic reports raise hopes for '11

    Buoyed by a string of hopeful government reports on layoffs, factory production and consumer spending, economists are predicting that hiring and even housing will pick up in 2011 and make it a better year after all.

  • Mark Zandi, of Moody's Analytics, has members of both parties reciting his financial forecasts on Capitol Hill. But he has his detractors, too. (Associated Press)

    Hill economist gets hosannas and hoots

    Mark Zandi, Moody's Analytics chief economist, has become an oracle of sorts on Capitol Hill, where members of both parties have recited his financial forecasts in an attempt to seize the high ground in battles over stimulus packages, deficit reduction plans and the tax cuts enacted during the George W. Bush administration.

  • FILE - In this Nov. 26, 2010 file photo, shoppers carry their bags as they walk in downtown Seattle. Holiday spending appears to be off to a respectable start, with shoppers crowding stores and malls in bigger numbers than last year on Friday and steady traffic the rest of the weekend. Add in strong spending earlier in the month and robust sales online, and retailers are feeling encouraged. (AP Photo/Ted S. Warren, File)

    Holiday spirit hinges on taxes, jobless benefits

    The important Christmas spending season got off to a promising start this weekend, but the lame-duck Congress and President Obama would play the Grinch if theyre unable to agree on extensions of unemployment benefits and the Bush-era tax cuts.

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  • "If states don't get this aid, they will be cutting payrolls very aggressively and it is a serious threat to the recovery," Mark Zandi, chief economist at Moody's Analytics, told the Associated Press.

    Senate rejects more stimulus funding →

  • "I would not allow those tax increases to take hold on Jan. 1, either," Mr. Zandi, chief economist at Moody's, said in an interview on PBS on Thursday. "I think the economy's too fragile for that."

    GOP sees winning call in tax break for all →

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