Since I put a ‘liberal’ name in a previous post, I will also put up a ‘conservative’ name on budget balances: Menzie Chin at Econbrowser points to other CBO numbers… The Cyclically Adjusted Budget Balance: Shrinking Rapidly The CBO has just released estimates of the cyclically adjusted budget balance (or, specifically, the budget balance without automatic […]
Michael Linden from Center for American Progress addresses one aspect of using CBO projections, especially the June 2012 report. Best to walk it through with him based on the June report and subsequent reports…good for several posts more is how the current situation is still improving on the debt to GDP ratio so much talked […]
Shortly Angry Bear will be making the switch from Blogger to WordPress. Blogger has served us well for ten years, but WordPress provides a much greater flexibility and capacity for our material. Reader rjs comments on Google reader coming to an end which won’t affect us as a blog, but certainly impacts users: I imagine […]
by Mike Kimel Revealed Preference This week came news that Rob Portman, a Republican senator from Ohio, is bucking his party and reversing his own long-held position on gay marriage. Now that his son has come out as gay, he supports it. From an article in the Cleveland Plain Dealer by reporter Sabrina Eaton: Republican […]
Everett McKinley Dirksen (January 4, 1896 – September 7, 1969) was an American politician of the Republican Party. He represented Illinois in the U.S. House of Representatives (1933–1949) and U.S. Senate (1951–1969). As Senate Minority Leader for a decade, he played a highly visible and key role in the politics of the 1960s, including helping […]
Via Naked Capitalism comes this post from Cathy O’Niel, Black Scholes and the normal distribution. form her blog mathbabe. (re-posted with permission from the author). There have been lots of comments and confusion, especially in this post, over what people in finance do or do not assume about how the markets work. I wanted to dispel […]
Dan Becker’s post Trans Pacific Partnership: A new Constitution gained a lot of traction because once again the public media is beginning to pay attention to trade policy. Angry Bear has carried a number of posts on the World Trade Organization intent and structure…here are several on the particular issue between Antigua and the US. […]
All of these bipartisan discussions are encouraging, and Republicans hope they will lead to real solutions that help American families. But presidential leadership is really what’s needed. By shifting the focus from charm to courage, and eventually action, we can guarantee our children a future where everyone has the opportunity to find work and pursue […]
Linda posted here on To Big To Fail and made suggestions as to how to fix it. I want to just add some more background information to the discussion. Via Bob Swern at Daily Kos who linked to a post by Pam Martens at Wall Street on Parade comes a bit of transcript from the […]