Politico: For five years, this president has been making the case that a growing and activist government has good intentions and can carry these intentions out with competence. Conservatives have warned that government is dangerous, and even good intentions get … read more
Since the start of the Great Recession and financial crisis, the US government has been running annual budget deficits at a level unseen since World War Two. But not anymore. According to a revised Congressional Budget Office forecast, the budget deficit … read more
Many disturbing demographic facts from this Council on Foreign Relations blog post. The US has a working men problem (the labor force participation rate for US men is lower than their counterparts in nearly every European country) and an education problem … read more
The Bernanke Fed has made two massive mistakes. First, it “passively tightened” between April 2008 and October 2008 — via hawkish FOMC statements and leaving rates unchanged — as the economy deteriorated. Second, it fell asleep once the worst of the … read more
Democrats and left-wing pundits have long argued that Barack Obama would be their Ronald Reagan, a president who significantly shifted the nation’s political and economic landscape. With reelection and a second term, as Andrew Sullivan wrote last September, Obama would … read more
Also of Interest
The IRS and big government
The expanding Internal Revenue Service scandal could hardly be any more Drudgeriffic.
Ferguson's blooper on Keynes
It was an unusually feisty weekend in corners of the blogosphere and Twitterverse where dwell economists and economic-policy wonks.
The upside of economic pessimism
The disappointing first-quarter GDP report dashed hopes that 2013 might prove a breakout year for the U.S. economy.