–First of all, because the damn thing has fallen so much (i.e., the deficit as a share of the economy). Here at CBPP, everybody’s all “fiscal year this” and “FY that…” But given that we just yesterday got GDP for 2013, I’m all like walking around the halls saying, “hey, anyone want to see calendar… Read more
It’s a good question that someone asked me to speak to the other day, and here’s what I’ve got so far: –Not because it was bigger: according to established bubble-ologist Dean Baker, the 1990s dot.com bubble was, if anything, larger than the 2000s housing bubbles: he has the former at $8-$10 trillion of bubble-induced wealth… Read more
Last year around this time I posted my ten favorite graphs from my prolific colleagues at the Center on Budget and Policy Priorities. It’s tough to make the cut. If I may be permitted—and I’m bragging on my friends, not me—we at CBPP make a lot of revealing graphs. But I’ve chosen the ones that… Read more
I recently gave a talk at the London-based Resolution Foundation, a great think tank whose work I encourage you to track. The topic: the US policy reaction to the great recession. The folks at the LSE blog asked me to write up my talk, and here it is.
I’m talking about the Federal Housing Administration, over at the NYT Economix blog.