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

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Immigration Summary

Well, I could have saved myself and all of you a lot of time and energy if I had just started off the week linking to Max Sawicky on the…

Bush’s Tax Increases

Max speaks and we should all listen: There are no tax cuts. Banish that phrase from your mind. You haven’t seen any. Republican control of the White House and Congress…

Are We Near Full Employment?

…the Federal Reserve believes we are near full employment so that if the Federal Reserve allows aggregate demand growth to outstrip the increase in potential output, inflation will accelerate. Max

Another Economist Blog on Social Security

The very good discussion of the Social Security issue between Andrew Samwick and Max Sawicky has been extended as Andrew and Max point to this contribution from David Altig. David’s…