Relevant and even prescient commentary on news, politics and the economy.

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Eye on the Dollar

In recent weeks the dollar has been steadily weakening, but since Tuesday that decline has intensified. Today the dollar hit all-time record lows against the euro. Note that in the…

Components of GDP

…to get us back to full employment. Politically speaking, my #2 reason for voting for Senator Kerry next Tuesday is my hope that Rubinomics can return to the White House….

Can They Do Anything Competently?

…– web sites)’s U.S.-backed government said on Tuesday that “major neglect” by its American-led allies led to a massacre of 49 army recruits at the weekend. …”There was an ugly…

Another $70 Billion

…New York Times in an interview published Tuesday that such a conflict could cost $50 billion to $60 billion — the price tag of the 1991 Persian Gulf War. …In…

This should make Dan Drezner nervous

Buried at the bottom of this story on the higher trade deficit, we get this tidbit: A coalition of textile groups asked the administration Tuesday to limit imports of textiles…

The KC Fed Disagrees

…Hoenig told a forum of local business leaders Tuesday. …He said that the country was better protected from an oil shock than in the past and also had the benefit…

Bush’s Agenda for America: Chapter One

Each Tuesday until the election, I will try to review one of the five chapters in the Bush-Cheney Agenda for America. Today’s review is directed at Chapter 1’s Creating Opportunity…

Kerry’s Record on Iraq

…in the SF Chronicle yesterday: Flip-flopping charge unsupported by facts; Kerry always pushed global cooperation, war as last resort President Bush, seated beside Iraqi Prime Minister Ayad Allawi said Tuesday:…

Total War?

…roiling Florida’s U.S. Senate race, fueled by hard-hitting accusations that Republican nominee Mel R. Martinez leveled against his chief rival in the closing days of this past Tuesday’s GOP primary….