On NPR’s Fresh Air Today Terry Gross interviews Paul O’Neill and Ron Suskind. AB
End of the Dollar’s Decline? This week’s Buttonwood column in The Economist is all about the prospects for further decline in the dollar. Buttonwood is starting to think that we’re near the end of the dollar’s fall. It’s worth a read, if the subject interests you. The column ends with some good questions without ready […]
Koufax Awards Update I just noticed that Angry Bear was nominated for a third Koufax Award, this time in a category where Kash and I have a shot at finishing in the top ten: Best Expert Blog. Ok, so there are only fourteen nominees, but still. Right now, they’re just taking nominations in order to […]
The American Street Now available: Kash’s first post, A Preview of Bush’s Budget Plans, and my first post: Myths: Fiscal Responsibility and Irresponsibility. AB
One Reason Why a Weak Dollar May Not Help the Trade Deficit This morning the BLS released an interesting tidbit of data: The price index for overall imports rose for the third consecutive month, rising 0.2 percent in December. From December 2002-December 2003, the index was up 1.9 percent, which followed a 4.2 percent increase […]
Previewing Bush’s Budget What do you get when you put together Bush’s idea of a building a manned base on Mars, his stated intention of making the 2001 and 2003 tax cuts permanent, and his stated goal of halving the budget deficit by 2009? Take a look at this post on The American Street for […]
More on O’Neill From Reuters this morning: Speaking on NBC’s “Today” show, the ex-Treasury Secretary said the documents were given to him by the Treasury’s chief legal officer after he requested them to help former Wall Street Journal reporter Ron Suskind write a book on O’Neill’s time in the Cabinet. “I said to him (the […]
The American Street Is it possible that my earlier link to the latest and coolest group blog, The American Street, was somewhat self-serving? Visit The American Street throughout the day and find out! AB P.S. The list of contributors now includes Jeralyn Merritt, Dave Niewert, Colorado Luis, Skippy, Dave Johnson, Mary Ratcliff, Mark Kleiman, Kevin […]
Rove’s Payback Begins Well, that didn’t take long: WASHINGTON (Reuters) – The U.S. Treasury has asked the U.S. inspector general’s office to investigate how a possibly classified document appeared on Sunday in a televised interview of ex-Treasury Secretary Paul O’Neill, a department spokesman said on Monday. As you may know, O’Neill provided 19,000 documents to […]
Follow-up to the Unemployment Rate Puzzle AB pointed to a line of thinking that suggests that increasing numbers of people on disability may be contributing to the fall in the labor force participation rate (LFPR) that I pointed out the other day in a post on The Unemployment Rate Puzzle. Among the excellent comments on […]