Archive for the ‘New Posts’ Category

Friday Music: Dig Dees Fried Pies

August 5th, 2011

I’ve going to hit you with a couple of extremely swinging entries today, one—Dig Dis–from Hank Mobley, featuring Wyton Kelly on piano, and the other—Fried Pies–from Wes Montgomery, featuring Mel Rhyne on the organ. Note that I cite the sidemen on these cuts.  That’s because they’re both exceptional. Wynton Kelly opens Dig Dis and Mel… Read more

Two More Points on Today’s Jobs Report

August 5th, 2011

First, someone asked me this morning, “wouldn’t it have been better if the jobs report were terrible, so as to force policy makers to do something?” I don’t think so.  Even after yesterday’s crash and the spate of weak reports—and this jobs report is really not that much better, btw–I seriously doubt a worse report… Read more

Upstairs, Downstairs

August 4th, 2011

My CBPP colleague Chuck Marr presents me with two very different perspectives on the current economy. Here, we see dollar stores, while still turning a profit, worrying about ominous signs of strapped consumers: In short, families are shopping more at dollar stores. But they are buying only what they need. They are picking up low-margin goods,… Read more

Politics Matter…Politicians Too

August 4th, 2011

Someone asked me what I take from everything that’s going on right now, from the fundamental weakness in the economy, to the unwillingness of policy makers to deal with said weakness, to the DJIAs crash today. For now, let me answer a bit glibly, but from the heart:  Politics matter.  Politicians matter.  Whom we elect matters. … Read more