What’s Happening to Consumers? This is interesting, and not in a good way: NEW YORK (CNN/Money) – Consumer confidence plunged last week, matching its steepest drop on record in more than 18 years of weekly polling by ABC News and Money magazine. This follows a sharp fall in the consumer confidence by the University of […]
Jobs Forecast Kash and I (and Brad) had a lot of fun last week laughing at the laughable jobs forecasts in the current Economic Report of the President. We all wish they were true, but we’d all also like to win the lottery — and the odds of each are about the same Via The […]
Bush’s Record Hey Bubba, let us know what you really think of President Bush. AB
Strange Bedfellows I don’t know what to think when I’m basically agreeing with AEI’s Jim “Dow 36,000” Glassman on free trade. I guess I can take solace that Glassman, and vicarously, me, were disagreeing with the foolish blowhard, Lou Dobbs. AB
An Important Post I just read Kash’s American Street post, and I encourage you to do so as well. Kash and I have often argued that free trade is a good thing: while there are winners and losers, the net benefits invariably outweigh the costs so the losers can be compensated and there will still […]
Addressing the Loss of Manufacturing Jobs Yesterday I argued that the outsourcing problem is minor compared to the decline in manufacturing jobs in the US in recent years. Today I have a new piece up at The American Street discussing what we can do about it. Enjoy. Kash
Outsourcing White Collar Jobs: How Big a Problem? The outsourcing of white collar jobs has been a hot topic lately. The chair of the President’s Council of Economic Advisors, Greg Mankiw, made the front pages last week with his comments that outsourcing is “probably a plus for the economy in the long run.” There were […]
Jobs in Wisconsin Wisconsin, a state Gore narrowly won in 2000, gained nearly 450,000 jobs under Clinton but has lost about 75,000 of those since Bush took office. Details (and a brief aside on Nader’s incipient run) over at The American Street. AB
Mary Beth for Maine State Representative! Wampum’s Mary Beth Williams is running for a seat in Maine’s state house. As the war-bloggers (and I) can attest, sitting around and typing about things that annoy you is fairly easy to do; actually doing something is tougher. Mary Beth will be a great progressive voice for Maine […]
Iraq After June 30th? This AP report is just depressing: Sunni politicians speak angrily of U.S. bias toward their Shiite rivals. Kurds are more outspoken in demanding self rule — if not independence. And someone — perhaps al-Qaida, perhaps Saddam Hussein (news – web sites) loyalists — killed more than 100 people in recent suicide […]