OSU's Steve Buser Discusses the Financial Crisis

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Uploaded by on Jan 20, 2009

Filmed December 12, 2008. Professor Emeritus of Finance at OSU's Fisher College of Business, Stephen A. Buser, provides insight into defining the financial crisis that we're facing as an economy.

http://fisher.osu.edu/execed

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  • First of all, a stronger $US works against GDP not for it, go back and learn your basics. Second, he is referring to the BLS statistics, and they use the same methodilogy today as under Clinton and others, so it is an apples to apples comparison. Third, unemplyment will be munch higher under Obama. A carbon tax, corporate tax, Employee Freedom of Choice Act, higher regulations all point to much higher unemployment. I would call Obama's plan the China Full Employment Act. Just look at the Markets

  • This was filmed on December 12 when unemployment was below 7% and the facts are constantly changing.

  • Why can't you see that the real level of unemployment is much more that 7%. You have blinders on if your prmise begins with "...we have a ways to go before unemployment reaches 7%." That is nonsense; please do not waste our time by not facing facts. And remember, the only reason GDP is 'up' is because the USD is higher than any other fiat currency.

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