Valve Magazine

Sat04192014

Last updateThu, 17 Apr 2014 1pm

Tank Cars

Tank Cars

The next time you‘re stopped at a crossing waiting...

Extracting Nutrients, Saving Resources through Livestock Water Recycling

Extracting Nutrients, Saving Resources through Livestock Water Recycling

Giant livestock farms, which can house thousands o...

The Expanding Network of Valves

The Expanding Network of Valves

As industry itself reaches into more and more area...

Valve Packing & Gasket Research and Development Devices

Valve Packing & Gasket Research and Development Devices

The continuous improvement of valve packing techno...

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Tank Cars

Tank Cars

The next time you‘re stopped at a crossing waiting for a mile-long train you thi...

The Expanding Network of Valves

The Expanding Network of Valves

As industry itself reaches into more and more areas of the world, getting the eq...

The Expanding Reach of Plastic Valves

The Expanding Reach of Plastic Valves

Although plastic valves are sometimes seen as a specialty product—a top choice o...

Business School Professors: Will Winner of November Election Matter?

To hear the two candidates tell it, the U.S. presidential election offers a dramatic choice on the economy: Vote for me, each says, if you want a robust recovery; pick my opponent, and we'll plunge back into recession.

But regardless of who wins, important economic factors will remain facts of life. Millions of American homeowners are "underwater," owing more than their homes are worth and weakening the consumer demand that is key to the economy. Employers, even if they are flush with money, won't hire more workers until they need them -- when demand rises or appears ready to.

The debt crisis in Europe resists a quick solution, and deficits and overhanging debt in the U.S. are too big to be whittled down very fast. These deficits will compete for federal revenue that could stimulate the economy through more spending or cuts in taxes.

Given the size of these problems, what is the most likely economic landscape to emerge after the election if President Barack Obama, a Democrat, wins, or if Republican challenger Mitt Romney wins?

Three faculty members at Wharton, the business school of The University of Pennsylvania, say that, either way, the future is likely to look much like the present, for several years at least. "The notion in the political debate is that if you just do something a little bit differently, things will get much better. But it doesn't work like that," says finance professor Franklin Allen.

 

Valve Magazine Digital Edition

SPR14 CVR 160x214Inside the Spring 2014 issue…

• Tank Cars
• DBBS & DIBS
• Shale Gas
• New Globe Standard

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