I lived in Mad City for 12 years, a place I had wished I could of lived as a child. Instead, I was able to raise my children there. Flying back to Madison after a consulting gig and seeing lakes Mendota, Monona, Wingra, the Capital on the Isthmus between Mendota and Monona nestled in the […]
PALM BEACH, Fla. — Two days after provocatively suggesting that standing up to organized labor in Wisconsin has prepared him to fight terrorists overseas as president, Scott Walker told a crowd of conservative donors on Saturday that “the most significant foreign policy decision” of his lifetime was when Ronald Reagan fired 11,000 air traffic controllers. […]
Guest post: by Nathan Salminen (Politics that work) Comparing performance between Republican and Democratic years The performance gap we see at the state level could still theoretically be the result of factors other than policy. It could be that the red states have simply drawn the short straws and happen to have inferior access to […]
by New Deal democrat (Bondaddblog) How wages in services vs. goods-producing jobs explain relative GDP growth during Recoveries (Hint: producing goods is better) This week I will put up several posts discussing the relative impact of goods-producing vs. service jobs in the economy, prompted by an article by Kevin L. Kliesen and Lowell R. Ricketts […]
by Joseph Joyce America’s Current Accounts Deficits: Not Quite Déjà Vu The U.S. current account deficit has narrowed since 2006, when it reached $807 billion, which represented 5.8% of U.S. GDP. By 2013 the deficit had fallen to $400 billion, worth 2.4% of GDP. But the IMF last October projected it would reach $484 billion […]
Publisher’s (New Press) webpage: Social Security Works! More below the fold.
Yes I am playing with FRED. My thoughts about the graph after the jump.
I am trying to understand what, if anything, was agreed by Greece and the rest of the EU yesterday. I’m not sure they even agreed to kick the can down the road. update 11:00 AM EST Tuesday 2/24/2015: It’s a deal. Greece has four more months without promising a 4.5% of GDP primary surplus. I […]