Archive for the ‘Trade/Foreign Policy’ Category

Why is our macroeconomy doing so much better than Europe’s?

December 1st, 2014

Over at PostEverything. Bonus for OTE’ers: here’s an update of a figure I made awhile ago tracking Eurozone GDP, government spending (both in real terms), and unemployment. What I find revealing here is the fairly clear–for this sort of thing–initial increase in public spending to offset the downturn and the subsequent stabilization of GDP and… Read more

Slides from this AM’s talk to social work educators

October 24th, 2014

I told the (totally awesome) audience at the Tampa, FL meeting of the Council on Social Work Education that I’d post my presentation ASAP. Here it is. A few clarifications. YOYO=you’re on your own WITT=we’re in this together In case the video doesn’t work, go here and start at 1:40. And h/t to Chuck Sheketoff for… Read more

Global growth, the $, (under-priced) oil and their impact on US growth rates.

October 22nd, 2014

Those stalwart number crunching research economists at Goldman Sachs (i.e., not the traders) have a really interesting graph out this AM that packs in a ton of info on current growth pluses and negatives. The figure uses the Federal Reserve’s macro model (which is actually publically available now…and, yes, I will fire it up myself… Read more

PK v. JB re $

October 8th, 2014

Paul K’s agrees with me on the core aspects of my post yesterday regarding our persistent trade deficits as a barrier to full employment, but disagrees the dollars status as a reserve currency has much to do with it. Certainly the key part of all this is recognizing the damage done by trade deficits to… Read more