President Obama’s Council of Economic Advisers just released their final Economic Report of the President and it is the perfect holiday gift for your favorite econo-nerd. (It’s also, I fear, the last cogent ERP we might see for a bit.) So, for the next few days, I’ll highlight some of the arguments in there that… Read more
Archive for the ‘Economic Growth’ Category
Trump and the GDP: They’re just not that into each other
That’s “GDP”, though GOP also works in this context. But my point, over at WaPo, is that candidates’ GDP targets are more often than not economically indefensible. And they create a media problem wherein reporters are tempted to ask, “So, he says he’ll get to 3.5%; what can she do to match that?!”
Larry Lindsey picks cherries, ignores jobs
I tend not to bother with the WSJ’s editorials and op-eds; they often read to me like news from an alternative universe, one where the facts are whatever you say they are. More interesting are pieces, such as this one by economist Lawrence Lindsey, that gets some facts right, but portrays them in a misleading… Read more
Take the last train to Factville
…and I’ll meet you at the (polling) station (the boomers will get this reference; you youngsters get off my lawn!). Over at WaPo, I tout a recent spate of CBPP papers that struck me as particularly germane re what we’re not talking about when we’re talking about birthers. That piece examines what IMHO are a… Read more
Will the funds rate have time to get back to “normal” (wherever that is) before the next recession?
I’ve got a piece up at WaPo riffing off of this new paper by Fed economist David Reifschneider (DR). I wanted to add an interesting figure here that I couldn’t jam in the WaPo post. Some of the data in the figure comes from DR’s table 1 showing the number of basis points (hundredths of a percent, so… Read more