The figure below shows a series of forecasts by the Federal Reserve for real GDP growth in 2015, with the first forecast made in March 2013 and the last one made a few days ago. Each bar shows the central range of the forecasts by Fed economists, with the average forecast as a dot in… Read more
I testified in the House Budget Committee this AM and have many excellent war stories to share. But no time to do so now. Until then, please read my testimony, to which I devoted some thought. Roughly speaking, the position of the majority R’s is that you should always balance the budget for…I just sat… Read more
Here’s an extended radio interview with Tim Farley on SiriusXM. Not only did he give me the time to get beyond sound bites; he really read the book!
Read the intro to my new book, The Reconnection Agenda: Reuniting Growth and Prosperity, over at the WaPo PostEverything. Or better yet, download the whole damn book at let me know what you think. You can buy a hard copy–you know, with paper pages, here. [Here’s the cover, which I think is great, by Anthony… Read more
Just a look at the figure tells you pretty much what you need to know…over at PostEverything.