Economics Roundtable
Graph-of-the-Year Candidates
Donald Marron likes European interest rates. Click on the image to get a bigger version. Can you find three distinct subperiods?
Brad DeLong favors the U.S. gdp gap.
Finally, it's hard to argue against the payroll employment graph below (straight from FRED) and the comparison across recessions (courtesy of Calculated Risk).
Looking Up At 2001
In February 2001, U.S. payroll employment peaked at 132.5 million. The November 2011 figure of 131.7 million still falls 800,000 jobs short of the earlier peak.
Click on the chart for a larger version.
November Payroll Employment
Remember M1?
Money Supply M1 growth is now over 20% per year over a 12 month lag. M1 growth has touched 20% before, but not with excess reserves of $1.6 trillion. Where is M1 headed?
Click on the chart for a larger version.
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Beat the Press (Dean Baker)
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President Obama is the most moderate Democratic president since the end of World War II, while President George W. Bush was the most conservative president in the post-war era.
For more, see Keith Poole’s post at Voteview.
Each Friday—well at least most Fridays—I'm going to sum up the big news happening in states around the country. To make it more interesting I'm naming a State of the Week where the biggest news came from. See something that's missing? Tell ...
It's just the first 40 seconds of the video. Check it:
Here's the statement that Komen for the Cure has released explaining its new position. I've bolded some parts:
We want to apologize to the American public for recent decisions that cast doubt upon our commitment to our mission of saving women's lives.
The ...
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The next stop on the national humiliate Newt Gingrich tour lands in Nevada tomorrow when, if recent polls have even an ounce of truth, Mitt Romney will trounce the competition. Every survey this week has Romney up by staggeringly wide margins. Public ...
It’s silly to pretend that those of us writing about the GOP nomination race don’t have a vested interest in a drama without end. This is to say that we have no interest in the resolution that the whole of the Republican ...
The Bureau of Labor Statistics released January's jobs numbers this morning, and the economy added 243,000 jobs last month. Unemployment dropped from 8.5 percent to 8.3 percent—the lowest the rate has been in nearly three years. Forecasts had predicted that ...
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It isn't easy getting a bead on what motivates Mitt Romney. He's always polished and prepped, his square jaw firmly in place and every word carefully planned and delivered as though it were part of a 57-slide PowerPoint presentation. He married his ...