Category Archives: Economy
Is Cap-and-Trade a Dead Policy Walking?
In his February 24 speech to Congress, President Obama asked members “to send me legislation that places a market-based cap…Continue reading
Treasury’s New Program Mixes Sound Economics and Wishful Thinking
The administration’s new program to wring the toxic assets out of the banking system is a huge bet, which, like…Continue reading
Anticipating Inflation Now Can Save Taxpayers $50-$70 Billion
The Federal Reserve yesterday announced $725 billion in new purchases of Fannie Mae and Freddie Mac securities to hold up…Continue reading
Why This is No Traditional Recession
The leaders of the Republican Party (and plenty of their followers) continue on their strange path of denying the most…Continue reading
The Denial and Anger Inside GOP Economic Policy
The leaders of the Republican Party, reeling from their painful string of defeats, seem stuck in two of the classic…Continue reading
The Economic Logic in the President’s Speech to Congress
President Obama superb address Tuesday night had an underlying, unifying logic which some may have missed, but which hopefully readers…Continue reading
Where the Administration’s Plan for the Housing Crisis Could Fall…
The President today announced a plan to cut foreclosures and reboot new mortgage financings, at least when the economy shows…Continue reading
Shedding Light on the Stimulus Package
While the chorus of complaints about President Obama’s spending and tax package was dispiritingly predictable, the post-partisan surprise is that…Continue reading
President Obama Begins to Take on Climate Change
Within one week of taking office, President Obama has dispelled any doubts on whether he’s serious about tackling climate change.…Continue reading
A Serious Thought or Two on the Inauguration, from Halfway…
I'd rather be spending this week in Washington celebrating with friends and my country the politically and spiritually invigorating elevation…Continue reading