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

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Underemploment numbers

OMB Watch carries: Notes from the Economy: Underemployment While the monthly number is an important component in summarizing the state of economy, but it’s an incomplete indicator. For example, at…

New graphic data on taxes, growth, and revenues

…obtained from NIPA Table 7.1 Data for real tax collections comes from OMB Table 1.3. I’ve also downloaded all the data and links into this Google Spreadsheet. Many of the…

Tax rates, growth, and tax revenues

…real gdp per capita and population is obtained from NIPA Table 7.1 Data for real tax collections comes from OMB Table 1.3. I’ve also downloaded all the data and links…

YOU as a congressman

OMB Watch lists some main items needing passing to continue the government, and indicates progress through the Congressional approval maze. This is only a partial list of course, and just…

Dueling proposals

by rdan Hat tip to OMB Watch for the post on dueling papers and economists on our future federal budget dilemmas. (Most of us are ignoring the state level shortfalls…

Performances on the economy by party

…I tend to go the true original source of the data where I can – the BEA for real GDP per capita, the Treasury or the OMB for debt, etc….

Support contractors and ilsm

OMB Circular A-76. A competition using the circular requires identifying and classifying the “functions” being performed by government employees commercial activities, the identified activity has to be determined to be…