the weaker party

It appears they believe the economy has recovered to the point where it is warranted. There is political debate about whether this is correc...

In 2305 we looked briefly at the budgeting process and will also look at economic policy making soon enough. Both make use of numbers that ...

A quick primer : 1. Global markets will see the U.S. government as grossly and dangerously incompetent. 2. Forced spending cuts will kill ...

From the NYT : As President Obama steps up his declarations about the dire consequences of not raising the debt limit , increasing number...

Here is an argument that it has . In recent recessions, government spending has increased. Not in the current recession. Here's one fact...

Both look at factors that retard the ability of people to spend, whcih is critical in a consumer based economy like ours. 1 - It's hig...

Maybe not. This graph shows that since the end of the recession, productivity (the blue line) has increased despite the fact that employment...

Here's a positive observation: The U.S. labor force is shrinking. Back in 2007, 66 percent of Americans had a job or were actively seeki...

The Dish runs through the commentary. The numbers are actually below what is necessary to keep up with population growth. Almost half a mil...

Stockman was once Ronald Reagan's head of the Office of Management and Budget and became a firece critic of the administration - along ...

This might end up being a lesson in the danger of quickly cutting spending. It sounds nice, but it has consequences. By the way - most, ok a...

The Congressional Resrach Service issued a report analyzing tax rates and job growth over the past 60 years and finds no evidence that tax c...

A noted economist takes the president and Congress to task for pursuing short terms fixes to the economy when the problems we face - in hi...

The information comes from a report issued by the Federal Reserve . Bloomberg outlines it here . This complicates recovery since less wealth...

Economist Stephen Davies suggest s that we are, and that the current recession - or whatever it is - look more like the Long Depression of 1...

Click here for a review in Reason Magazine of a recent book detailing the conflict between John Maynard Keynes and Frederick Hayek over wha...

Here's an argument that it does - and it goes against recent economic theory (but one of the consequences of economic events like the G...

Despite the fact that overwhelming debt is held across the board and paying it down - deleveraging - seems to be necessary, doing so quickl...

Are Workers Too Productive? - The Atlantic . This article stuck out to me. It hits one of the reasons why forces of technology may be impact...

The state of America's economy seems to depend on the state of Europe's. There seems little Congress can do to change that , even if...