Especially in the light of yesterday’s weak jobs report, I keep coming back to the disturbing fact that as soon as the shutdown/debt ceiling debacle was at least temporarily behind us, the political system, without dropping a beat, went right back to deficit reduction mode. The President, to his credit, has always kept jobs and… Read more
I’d like to see Ms. Yellen confirmed quickly, and then get out more in front of some unconventional audiences. Over at the NYT Economix Blog.
Well, that was expected. Janet Yellen will be nominated by the President tomorrow AM as the next chairperson of the Federal Reserve. It’s not over ‘til it’s over, and it hasn’t started yet, but I suspect she’ll be approved by the Senate. (After the Summers mess, you can bet the admin took the temperatures over… Read more