Just a little fyi. 13 shots of the inventory of autos.divorced one like Bush

Fiscal Responsibility Summit Attendees: (noted without comment. Except for those of us who follow Social Security-Dean Baker made the cut) ADMINISTRATIONSecretary of the Treasury, Tim GeithnerSecretary of Transportation, Ray LaHoodSecretary of Homeland Security, Janet NapolitanoDeputy Secretary of State, Jack LewTreasury Department, Gene Sperling White House Chief of Staff, Rahm EmanuelOMB Director, Peter OrszagNational Economic Council, […]

cross posted by Rusty Health Care Think Tank Stimulus Bill Part IIWhy is the stimulus bill (H.R. 1) more than 1000 pages? More than 200 of those pages are health care reform, including a massive health care IT plan. How much time was spent debating the largest health care reform plan of the past two […]

by cactus Foreclosures Are Not the Problem. Those Who Build Financial Time Bombs, and Those Who Pick Them Up, Are the Problem I hesitate to disagree with Hilzoy – she may not be an economist but she’s very smart is usually right – but she has two posts (here and here) which I think are […]

guest post by coberly WILL YOU STILL FEED ME IN 2041? I use rounded numbers below. The point will not change if someone wants to use the precise numbers. It has been argued that by the time the Trust Fund runs out of money, Social Security can continue to pay benefits without a tax raise […]

by divorced one like Bush Let’s talk jazz: Still cashing the income inequalityberries, clams, dough, heavy sugar, jack, kale, mazuma, rubes, simoelan, voot. It’s all money. I started this series to develop a simple model of income inequality so that I wouldn’t sound like I was chewing gum and people wouldn’t get all balled up […]

rdan NYT reports on the thinking of the Obama team on our budget deficit concerns. The budget will provide the first clues to how Mr. Obama will reassert fiscal discipline after signing into law a $787 billion economic recovery plan. As difficult as cutting the deficits will be, much of the reduction by the end […]

rdan No fat tail. Nor black swan. Nor once every 100 year occurrence. (Hat tip reader CMike) Forbes has Volcker’s complete remarks below the fold, lifted directly from Forbes and brought here: Paul Volcker: It’s clear to everyone that we are in the midst of a massive economic and financial crisis. It’s big in the […]

By Spencer, Earlier I showed how the sharp drop in industrial production compared to other cycles, but did not point out that the factory operating rate moved down 1.7 percentage points, to 68.0 percent, the lowest rate of utilization since this series began in 1948. Normally, capacity utilization leads inflation and this implies weshould see […]