Archive for the ‘New Posts’ Category

Links: Recession risks; the really, really bad Senate GOP health plan; see ya later…

June 22nd, 2017

A few links to check out, both over at WaPo. First, no one knows when the next recession will hit though it’s closer now than when I started writing this sentence. But I’ve got two recessionary concerns: one, fiscal policy, both discretionary and automatic will be thoroughly insufficient due to the toxic mix of Congressional… Read more

Is the Fed fighting an old war?

June 15th, 2017

As expected, as their meeting concluded yesterday, Federal Reserve Chair Janet Yellen and company decided to raise the benchmark interest rate they control by one-quarter of a percentage point. The question is: why? She was, of course, asked about this in lots of different ways in her press conference. [Pause here for a moment and… Read more

What’s the Fed Up to? Podcast version.

June 13th, 2017

Sure, you can read the posts here at OTE, and be [choose as many as apply: better informed, entertained, annoyed, put to sleep]. And/or, you can listen to the latest episode of OTE podcast while you’re exercising, cooking, chilling, etc. Get it on SoundCloud, iTunes, Stitchr, Google Play, or TuneIn. This episode is all about the Federal Reserve, which is meeting as… Read more

One more point about the KS legislature’s KO (Kansas Override) of supply-side tax cuts

June 12th, 2017

I’ve been citing the KO–the Kansas legislature’s override of Gov. Brownback’s veto, thus pulling the plug on the state’s failed experiment with supply-side tax cuts–ever since I heard about it, as have many others. The story raises welcome hopes that moderate R’s might be waking up to the fiscal reality that many constituents value public goods… Read more