Economics Roundtable
The Problem - I
Calculated Risk has the clearest picture of the problem we face.
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The Problem - II
Calculated Risk adds the the clearest picture of the housing tailspin.
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Special Topic 8/4/10
This week, the Roundtable will feature a special listing for reaction to the payroll employment figures from ADP on Wednesday and the BLS on Friday.
ADP: +42,000
BLS: -131,000/+71,000
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Special Topics 6/28/10
This week, the Roundtable will feature special listings for reaction to Wednesday's
CBO budget projections and the
payroll employment figures
from ADP on Wednesday and the BLS on Friday.
ADP: +13,000
BLS: -125,000/+83,000
CBO: Take your pick.
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Current Economic Conditions 6/5/10
James Hamilton summarizes the situation.
EconModel
The Economics Roundtable is sponsored by EconModel.
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Capital Gains and Games
"Washington, Wall Street and Everything in Between”
Short answer: no, despite what some Republican hack operation apparently thinks. (I just assume that any organization with Bill Kristol among its leaders is per se a Republican hack operation.)
I've been over this before, but let me briefly restate where the confusion comes from. I was asked by ...
I was interviewed by Alex Blumberg on National Public Radio's "Planet Money" last Friday in the first of what I was told will be a series of shows on the federal budget. In case you missed it because you prefered to listen to Katy Perry while driving to the beach for ...
In this month's issue of Health Affairs is an article by Michelle Mello, Amitabh Chandra, Atul Gawande, and David Studdert that estimates the national costs of medical liability. Here's what they find:
Concerns about reducing the rate of growth of health expenditures have reignited interest in medical ...
Peter Orszag, who stepped down just as White House budget director just a month ago, appears to have just floated an important trial balloon on a potential Democratic strategy for the Bush tax cuts. It comes in the form of Orszag's debut column for the ...
My column from this morning's Roll Call asks two very troubling questions:
1. Why are some people refusing to hear what the bond market is saying?
2. How is it possible that so many of those who insist the bond market should be ignored now were saying just the opposite before?
By now much virtual ink has been devoted to the “cuts” that Secretary of Defense Robert Gates proposes in the defense budget and defense programs. These have been treated as a clear statement of intention that DOD will contribute to the overall effort at restraining federal spending, the deficit, and the ...
Andrew, Bruce, Ed, Pete, Troy, and I are exceptionally pleased and very happy to announce that Gordon Adams, former associate director of the Office of Management and Budget for national security and international affairs and one of the world's experts on the military, foreign affairs, homeland security, and intelligence budgets, has ...
Over at SeekingAlpha, Bo Peng makes the case that inflation, even moderate inflation, is a danger to baby boomers now approaching retirement:
Starting from right now, however, as babyboomers go into retirement or start deligently (perhaps belatedly) saving for retirement, inflationary policy will cause much more pain than ever ...