Smart. Sharp. Funny. Fearless.
Sunday, August 20, 2017
double-dip recession

Durbin Says American Jobs Act Can’t Pass Senate

Since his high profile September 8th address to Congress, President Obama has taken every available opportunity to implore legislators to pass the American Jobs Act. Economists from both sides of the aisle have argued that the bill would stave off a dreaded double-dip recession. The Congressional Budget Office gave a the bill a de facto […]

September 30, 2011

Economists: Obama Plan Would Save At Least 250,000 Jobs

Bloomberg News surveyed a wide range of economists — many of whom work at Wall Street investment banks where the executives have flocked to donate to Mitt Romney’s presidential campaign — and they generally seem to agree that the Obama jobs plan (don’t call it a stimulus!) would help stave off a “double-dip” recession: President […]

September 28, 2011

The Balanced Budget Amendment: Good Politics, Bad Policy

Congressional Republicans are once again pushing for the enactment of a Balanced Budget Amendment. The Amendment, which was introduced by conservative Utah Senator Mike Lee, would require that revenues equal expenditures every year, and that they never exceed 18 percent of the gross domestic product. A two-thirds majority of Congress would be required to exceed […]

August 22, 2011