Archive for the ‘Fiscal Policy’ Category

What Took You So Long?

June 7th, 2014

As predicted, there’s a fair bit of kvelling over the fact that payrolls last month finally recovered the almost nine million jobs lost in the GR (great recession).  The figure below, by my CBPP colleague Chad Stone, shows the comeback, but more important from the perspective of this post, the pronounced difference in length it… Read more

The Current Economy: Green Shoots or Brown Ones?

May 29th, 2014

I was listening to an interview with Tim Geithner this weekend, and after going through his (highly readable) new book, they asked him where he thought the economy was headed.  “I don’t believe forecasts,” he said, which sounded smart to me (he then proceeded to forecast). He was pretty bullish about growth, generally arguing what… Read more

Arguing Taxes, Transfers, and Market Outcomes

May 22nd, 2014

Inequality analyst Scott Winship feels “systematically ignored” by “writers and researchers” including myself.  Since he’s a smart and interesting critic in this space, not to mention an old fellow traveler, allow me to correct that. Scott is one of a number of analysts who criticize Thomas Piketty’s work for focusing largely on market incomes, thus… Read more