Archive for the ‘New Posts’ Category

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

Recycling an oldie/goodie: You wanna whack this and future recoveries? Get rid of Dodd-Frank

June 8th, 2017

Sorry to recycle, but with the Comey hearings sucking up all the air, folks may have missed that today the House today passed that fahrblunget bit of chazari known as the Choice Act, which largely repeals Dodd-Frank financial reform (it requires D votes in the Senate, so a much heavier lift over there, thankfully). Back in… Read more