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
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Keith Hennessey
"Your guide to American economic policy”
Since the data was released 14 hours ago, I’m calling this my Jobs Night rather than Jobs Day update. I’ll keep it short for the holiday weekend.
Today’s employment report:
Net payroll employment fell by 54,000 jobs in August. The net –54K job loss ...
We have new GDP numbers from the Department of Commerce’s Bureau of Economic Analysis.
U.S. real Gross Domestic Product grew at an annual 1.6% rate in the second quarter of this year. This is the second estimate for Q2 GDP. The ...
Last week CBO released their annual summer baseline update. On page 6 (page 24 of the PDF) is a box titled “The Effects of Major Health Care Legislation on CBO’s Baseline.” It provides an important new data point that was ...
In his column yesterday, Dr. Paul Krugman argues for raising the top marginal income tax rates on January 1. His polemic is useful because it encapsulates most of the Left’s arguments.
Language trick #1: “We” (the government) should not “give ...
I have a post on The Daily Beast today about the prospects for Social Security reform.
You can read it at The Daily Beast or here.
Thanks to The Daily Beast staff, who were efficient and friendly.
A Democratic split is coming ...
The Obama Administration and its allies in Congress argue that upcoming tax increases should be prevented for “the middle class” but not for “the rich.” They say we need to prevent tax increases on the middle class, but that we should ...
I have an op-ed running in today’s New York Daily News.
Since the point is to provide lots of facts, below I include a sourced version of it. You can read the clean version at the Daily News or the ...
Dr. Laura Tyson and I will be live on KQED radio’s Forum for an hour today, beginning at 9 AM PDT / noon EDT.
You can listen live here.
Live on KQED 2010 Keith Hennessey - Your guide to American economic policy
Related posts:
The White House has announced that Dr. Christina Romer, Chair of the President’s Council of Economic Advisers, will soon resign and return to California. This comes on the heels of Budget Director Peter Orszag’s resignation. Dr. Romer is generally considered to ...
Spendthrift teenager Billy Jones sits at the kitchen table, proudly examining a piece of paper.
“Why are you so happy, Billy?” asks his skeptical eight-year old sister, Suzy.
“Because today I am updating the balance on my Social Security Trust Fund and my ...