Hey, What’d I Miss? OTE Summary, 12/27 – 1/6 (Pre- and Post-Fiscal Cliff Edition)
Jan 07, 2013 at 6:41 pm
What went on at OTE during the lead-up to, and in the wake of, the fiscal cliff?
- Highlighting a few irreverent cliff notes, including a photo of my very own “Come Together” latte; considering one of many big fiscal cliff meetings, which ended with no white smoke from the White House chimney; arguing that it’d be better to go over the cliff than to accept a bad deal; noting that not all tax threshold deals are created equal; and analyzing a potential deal taking shape.
- Pointing to an important piece by Ezra Klein on some issues with the recent budget debates.
- Explaining my views on spending cuts and entitlements.
- If you want to criticize deficit hysteria–and you should–then you aslo have to explain what’s wrong with CBO’s alternative baseline.
- Considering the tax impact of the Senate cliff compromise, courtesy of the number crunchers at the Tax Policy Center.
- On the other side of the deal, looking at what we’ve learned from this episode in reckless governing.
- Introducing some perspective on the deal: we have a clear fiscal target of $1.2 trillion, which should be achieved with a balance between new revenues and spending cuts.
- Summing up the December jobs numbers: the report shows steady employment growth, fast enough to keep the jobless rate from rising, but not fast enough to knock it down much.
- At the end of the day, why is our policy agenda is so biased towards fiscal policy as opposed to jobs?
Musical Interludes: a theater-themed interlude from My Fair Lady, and an outsourced, bluesy interlude featuring Buddy Guy and John Mayer.