Catherine Rampell writes a good analysis with caveats on why we seem to have . Best to read the original as I could not figure out a way to nuance a summary. Lots of comments to fill out the why I believe : In an article on Thursday’s front page, I wrote about how long […]
US Household wealth regains pre-recession peak! crows this story. Steve Roth‘s chart to 2010 from Asynptosis demonstrates the drop in net worth for most of us. pgl at Econospeak adds perspective: So Whose Wealth Is At a Record High? This news story must be good news for some folks: According to the Federal Reserve, household wealth […]
Richard Eskow points us to a trend with liberals media types and Social Security: A President Who’ll Cut Social Security — And Liberals Who Love Him Too Much The spectacle of a supposedly liberal president repeatedly and needlessly trying to cut Social Security is enough to bring a reasonable, economically literate person to the point […]
By turning his efforts to the inside game, the president is momentarily turning away from the “campaign style” tours around the country, which he had hoped would help put pressure on Washington lawmakers. Some might suggest the switch renders a final verdict on the folly of pursuing that kind of outside game. It doesn’t. Campaigning […]
This was one of the better employment reports of this cycle. Private payroll employment grew 246,00while government employment fell about 10,000 for a net gian of of 236,000. The household survey also showed a nice gain of 170,000. On a year over year change basis both series are showing nice gains. You would never […]
Stormy, Movie Guy, and Dan Becker in 2009 have been writing about trade imbalances and consequences since 2006. An excerpt from one of Dan’s posts: I have written at AB that my thoughts about when the flash point was for our change to a focus on making money from money was the first Reagan election. […]
Yves Smith points to a MIT study on how much bigger the conversation should be than the political arguments of offshoring and outsourcing suggest. And the complexities of applying ‘just in time’ sorts of global production systems through a complicated supply chain. From that post is this excerpt: And a new report by MIT on innovation […]
Mike Kimel from Angry Bear 2007 described another aspect to be kept in mind during the current austerity policy debates. The Republican Party and the National Debt Posted by cactus | 12/04/2007 Public Agenda is asking bloggers to contribute to a discussion on the National Debt they call Facing Up. These are my thoughts on […]
In this post last weekend, I lamented that Roberts hadn’t asked Nate Silver to weigh in on the voting statistics Roberts employed at the argument last week in the Voting Rights Act case. I also said Roberts & Friends were unlikely to ask him to weigh in on it. Which I’m sure is accurate. But […]