…and I’ll meet you at the (polling) station (the boomers will get this reference; you youngsters get off my lawn!). Over at WaPo, I tout a recent spate of CBPP papers that struck me as particularly germane re what we’re not talking about when we’re talking about birthers. That piece examines what IMHO are a… Read more
I’ve got a piece up at WaPo riffing off of this new paper by Fed economist David Reifschneider (DR). I wanted to add an interesting figure here that I couldn’t jam in the WaPo post. Some of the data in the figure comes from DR’s table 1 showing the number of basis points (hundredths of a percent, so… Read more
Two recent pieces looked at where we are in this recovery and why, seven years into an expansion, we’re still not at full employment. One is by my main man Josh Bivens from the Economic Policy Institute and the other is by David Mericle and Avisha Thakkar from Goldman Sachs (GS) research (sorry; no link to that one)…. Read more
I suspect OTE’ers will like this one, over at WaPo. The book I cite, by Bakija et al, is also worth a close look. I get that we’re not exactly living in Factville these days, but I won’t let that stop me!
I didn’t much like that GDP report from last Friday, showing that the economy expanded at an annual rate of 1.2% in the second quarter. OTEers know my methods: I prefer to smooth out the quarterly noise by looking at year-over-year trends. However, as the figure below shows, that doesn’t help so much. In fact,… Read more