U.S. economy | AEIdeas

Monday, May 20, 2013

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Sequestration’s first casualty: The US economy

Tim Welter | January 30, 2013, 1:16 pm

It is happening. The impact on the economy by “soft sequestration” is here. How this could be characterized by anyone as a surprise or unexpected is a little bit beyond belief. The term “soft sequestration” is often used by my … read more >

Economics, Taxes and Spending

Cantos on the Debt Ceiling

Stan Veuger | January 22, 2013, 12:00 pm

There is an empty soda can lying on the street at the beginning of the road. Annoying. Will it be kicked all the way down the road? There are two people standing next to the can. One of them, Barry, … read more >

Pethokoukis

Responding to Ramesh Ponnuru on health care benefits and wage stagnation

James Pethokoukis | January 17, 2013, 2:33 pm

Ramesh Ponnuru in Bloomberg: Academic studies and news media regularly report that in recent decades the middle class has been stagnating economically. Conservative and libertarian analysts often downplay these stories by saying that while wages for people in the middle … read more >

Economics, U.S. Economy

Young people and the economy

Karin Agness | January 17, 2013, 11:48 am

College seniors face a tough job market. Unfortunately, the job prospects for a college senior today aren’t much different than they were four years ago. I have a piece out in The Blaze on this topic: Obama’s policies have weakened … read more >

Pethokoukis

Already we have a strong contender for most misleading chart of 2013

James Pethokoukis | January 7, 2013, 4:00 pm

The above chart comes from the book “Bulls, Bears and the Ballot Box.” It is used in a new Forbes column attempting to make the case that the economy tends to be stronger under Democratic presidents than Republicans — thus liberal economic … read more >

Economics, Pethokoukis

The weird 1945 recession and the absolute Mother of All fiscal cliffs

James Pethokoukis | December 21, 2012, 1:33 pm

Michael Darda of MKM Partners: There has been only one fiscal recession in the last 100 years, and even that one (1945) was accompanied by a monetary slowdown. Moreover, during this so-called recession, unemployment rose from an unsustainable 1% to … read more >

Economics, Pethokoukis

Here’s how to get $2 trillion in new tax revenue without raising taxes

James Pethokoukis | December 19, 2012, 8:27 am

President Obama says we need a “balanced approach” to deficit reduction. We need tax increases and spending cuts. And to reinforce that point, liberals note that the U.S. tax burden is at its lowest levels since just after World War … read more >

Economics, Pethokoukis

US net worth has recovered $13.5 trillion, but still below 2007 peak

James Pethokoukis | December 12, 2012, 8:56 am

Ed Yardeni: By the way, the Fed’s latest Flow of Funds data show that the net worth of US households recovered by $1.7 trillion to $65 trillion during Q3. It is still below the record high of $67 trillion during … read more >

Economics, Pethokoukis

Small business owners are very, very worried right now

James Pethokoukis | December 11, 2012, 11:46 am

A terrible read from the National Federation of Independent Business. Its Small Business Optimism Index, which fell 5.6 points to 87.5 in November. The NFIB: Something bad happened in November—and based on the NFIB survey data, it wasn’t merely Hurricane Sandy. The … read more >

Pethokoukis

Can the US economy still grow like it used to?

James Pethokoukis | November 27, 2012, 2:39 pm

Citigroup is just out with its big year-end analysis, and the economic team offers a fairly upbeat forecast: With improving private sector balance sheets and falling energy costs, we believe that — provided near-term fiscal tightening is gradual — US … read more >

Lean In… to Government?
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The Perpetual Passion for Paper
Paper is becoming less important in some respects, but its strengths — prestige, utility, permanence, and security — are more essential than ever. […]
Could California Make a Comeback?
An unexpected glimmer of hope might cast a new light on the Golden State. […]