Hey, What’d I Miss? OTE Summary, 1/7 – 1/14
Jan 14, 2013 at 2:59 pm
- Analyzing Okun’s rule about the relationship between output gaps, the unemployment rate, and real wages.
- Considering why protecting Social Security is so important, and delving into the important relationship between Social Security, private pensions, and retirement preparedness.
- Highlighting an underappreciated difference between our economy and those of other advanced economies: we consume a considerably larger share of our output than they do. Are there implications here for inequality and growth?
- Arguing that corporate tax reform should be revenue positive (not revenue neutral).
- Pointing to a PBS NewsHour discussion on Jack Lew, plus some thoughts on unemployment and stimulus that didn’t make the segment.
- Explaining the self-fulfilling prophecy of dysfunction as relates to the debt ceiling debacle.
Musical Interlude: featuring a Mozart piano quartet for a rare Thursday interlude.