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Tag Archives: Economics
9.1%
OK people. Relax over the jobs numbers. While there are some negative signs in the economy now, there are also a lot of negative things going on in the world right now. I do not think that the economy is … Continue reading
Wake Up Detroit; Or Why Can’t Wait Any Longer
President Obama heads to Ohio today (see: crucial electoral state) to tour a Crystler plant and most likely speak about American ingenuity and innovation. This will coincide nicely with the release of a government jobs report, which will probably show that … Continue reading
Posted in Domestic, Economics, Middle East, U.S. Foreign Policy
Tagged Domestic, Economics, Foreign Policy, Middle East
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Commodities Bust
This might finally dispel the inflation-hawks argument, which I really believe just to be a continuation of the interest-rate-hawks all of whom are just arguing for fiscal austerity for its own sake. Unfortunately none of the evidence- for years at this point- supports their … Continue reading
A Grand Bargain
Good speech. Stronger than usual. Four trillion from the deficit in a decade. Two trillion from spending cuts, one trillion from tax revenue increases, and one trillion in savings on interest payments. Seems credible. The four main points to get … Continue reading
I think Tim Pawlenty misunderstands everything
It’s cute to watch Very Serious People (VSP) get into the same petty arguments the rest of us find ourselves in more often than not. Such was my reaction when Tim Pawlenty released his response to the Obama 2012 campaign … Continue reading
Posted in Domestic, Politics
Tagged 2012, Campaign, Domestic, Economics, Paul Krugman, Politics, Tim Pawlenty
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On The Recovery (cont.)
It is important to keep in mind the volume and speed with which the economy will need to add jobs to bring down the unemployment rate. As previously noted, we are at the bottom of a very deep hole and … Continue reading
Shutdown (cont.)
Just another quick thought on the shutdown and interest rates. If the market determines interest rates based on risk, than a shutdown would only serve to strengthen perceptions that we are serious about tackling our deficit and debt problem. Why would … Continue reading
The Cost of the Shutdown
With senior officials battling over a compromise budget, or at the very least a continuing resolution to fund the government to the end of this year, its time to start considering what a federal shutdown could cost us. Ezra Klein … Continue reading