Archive for the ‘New Posts’ Category

Political Economy Today: Will Overreach Lead to Balance?

May 26th, 2011

In this biz (if playing digital chin music can be called a biz), you don’t want to get too hung up interpreting one moment in time.  These things change quickly.  But in the heat of budget deals, debt ceiling, proposed Medicare changes, the NY special election, the nascent economic recovery, a few themes seem worth… Read more

Following Up From This AM

May 25th, 2011

This morning I mentioned the drag that state and local fiscal contractions are having on jobs and growth and threatened to post some graphs.  Coming up for air now, so here they are. In normal times, spending and investing by state and local governments adds to growth.  But in recent quarters, they’ve either added little… Read more