Robert Samuelson of the Washington Post can be a pretty gloomy scold, so when he veered toward some optimism on the economy this AM, I took notice. His assessment that the economy is doing better, at least in a macro sense—consistent GDP growth, payrolls expanding (slowly), household balance sheets moving from the red to the… Read more
Archive for the ‘Recession/Stimulus’ Category
Christy Speaks Truth
A great piece in the NYT today by economist Christy Romer (disclosure: a friend and former colleague) on the right way to think about the strength or weakness of the dollar in an international context. It’s not only straight talk, which as Christy says, is rare on this issue, but it’s a crystal-clear discussion of… Read more
General (Electric) Motors
Where, you ask, are all the jobs we need going to come from? It’s a critical question that I plan to blog about in coming weeks. But for now, let me relate a good story I heard on the radio this AM. General Motors is breaking ground on a new factory in Maryland where they’re… Read more