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Your Energy Bill

With the tough economical times everyone is having, we are all trying to cut our bills in any way we possibly can. One of the best and easiest ways to help keep you on budget is to lower your energy prices. Oil stocks benefit from higher prices but you…

[ More ] January 31st, 2010 | No Comments | Posted in Finance |

Rickstersherpa Gets It Wrong, I Think

Hoisted from Comments: Can Someone Please Tell Me How This Is Supposed to Be Good Policy?: Rickstersherpa said… >I can only guess that Larry and Tim think this is 1993-94 again and if they signal Fiscal rectitude (also known as making the world sa…

[ More ] January 31st, 2010 | No Comments | Posted in Economics |
 

Dear Economist: Can a cheap wine be a winner at dinner?

As an economics student, I look to impress my girlfriend on a budget, and I know I am not alone. When it comes to choosing the wine to have with dinner, on the rare occasion that I get to take my girlfriend out, I avoid going for the cheapest bottle…

[ More ] January 30th, 2010 | No Comments | Posted in Economics |

Department of “Huh?!?!”

Obama: >I know that some in my own party will argue that we cannot address the deficit or freeze government spending when so many are still hurting. I agree, which is why this freeze will not take effect until next year, when the economy is stronger…

[ More ] January 28th, 2010 | No Comments | Posted in Economics |
 

Fiscal Policy in Oregon

USA Today: >News roundup: Oregon voters OK tax hike for wealthy, businesses -: Oregon voters have passed measures to raise income taxes on the wealthy and on businesses. The measures were approved 54% to 46%. It means that taxes will go up for indiv…

[ More ] January 27th, 2010 | No Comments | Posted in Economics |

Department of “Huh?!”

The New York Times: >Opposite of Bold: To create jobs, Mr. Obama must make it clear that he will not abandon the states at this time of budget crises. Bolstered aid to states is unpopular. But it is among the surest ways to preserve and create jobs …

[ More ] January 27th, 2010 | No Comments | Posted in Economics |
 

CBO Is More Optimistic than I Am

The CBO has its *Economic and Budget Outlook* out: The two most noteworthy of CBO’s analytical judgements, from my perspective: 1. Unemployment is not going to get much higher, but it is likely to stay above 8% until the second half of 2012 (and there …

[ More ] January 26th, 2010 | No Comments | Posted in Economics |

Obama Budget Message FAIL

I have–so far–seen nobody applaud Obama’s “spending freeze.” From the right and the center: 1. The Note: Obama Spending Freeze Lands on Hill with Thud… 2. Nate Silver: FiveThirtyEight: Politics Done Right: The White House’s Brain Freeze: My first r…

[ More ] January 26th, 2010 | No Comments | Posted in Economics |

This Is Such a Disaster in the Making II

The *Economist*: “I understand the arguments from supporters… this is a political gambit… it won’t actually amount to much… a tool with which to co-opt the president’s moderate antagonists…. If this is the best the president can do, Democrats, …

[ More ] January 26th, 2010 | No Comments | Posted in Economics |

Why Aren’t Deficit Hawks Telling the House to Pass the Senate Health Care Bill?

Well, real deficit hawks are: >Sam Stein: Orszag Calls Senate Health Care Bill Biggest Cost-Container Ever Considered: The health care bill before the Senate would cut costs and reform health-care delivery more than any piece of legislation in Ameri…

[ More ] January 26th, 2010 | No Comments | Posted in Economics |
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