Archive for the ‘Politics’ Category

Ryan and the Chained CPI

April 1st, 2014

My Politico oped on the new Ryan budget is up and my wife just read it, liked it, but said, reasonably, that she didn’t get this part: Ryan also dings President Barack Obama for abandoning the “one significant reform he’s embraced,” changing the way Social Security payments rise with inflation, but he once again offers… Read more

CBO: Don’t Shoot the Messenger and Why They Face “Greenspan Risk”

March 2nd, 2014

All of the sudden there’s a spate of pieces casting a jaundiced eye in the direction of those pristine nerds over at the Congressional Budget Office: –Dean Baker riffs off of a Zach Karabell piece enumerating big mistakes the agency has made in the past and how they’ve constrained policy advances. –Floyd Norris makes a… Read more

First They Came for the Data, and I Said Nothing…

February 25th, 2014

See this seemingly innocuous notice over at the Bureau of Labor Statistics website: On Friday, January 17, 2014, President Obama signed into law the Consolidated Appropriations Act, 2014.  The Act provides $592.2 million in funding to the Bureau of Labor Statistics (BLS) for the fiscal year (FY) 2014 that began October 1, 2013.  This funding… Read more

“Breaking News” Inflation

December 13th, 2013

I just got this email under the heading of Breaking News from Politico: The Senate will begin consideration of the bipartisan budget deal on Tuesday, Senate Majority Leader Harry Reid said on Friday morning. The bill passed the House on Thursday evening. Good to know?  Sure.  Breaking news?  Not in my day.  Now get off… Read more