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Evan Bayh Says Barack Obama and Mark Zandi Are Far-Left-Wing Weblogs

Jason Linkins: >TV SoundOff: Sunday Talking Heads: Evan Bayh, he wants someone to reduce the deficit for him, but he’d like to not do it himself. SOMEONE DO IT FOR HIM. And he yells at “far left wing blogs” for criticizing the spending freeze — in …

[ More ] February 1st, 2010 | No Comments | Posted in Economics |

links for 2010-01-30

DeLong (1999): Why We Should Fear Deflation Sound Economy with Jon Talton | Somebody enjoyed 5.7 percent GDP growth but most of us just got this lousy T-shirt | Seattle Times Newspaper Ezra Klein: Rahm Emanuel makes me very pessimistic about health-car…

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

Interest payments leave Brazil in the red

Brazil posted yet another monthly budget deficit in December, and, yet again, it’s not the economy getting a Keynesian boost. Before interest payments, the budget surplus was 2.06 per cent [...]

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

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 |
 

Ezra Klein Writes About the Meaning of the Obama Non-Frozen Freeze

“What we have here,” he says, “is a failure” of the White House “to communicate”: >Ezra Klein: The Obama administration loses the deficit — and the spending — argument: you can’t look at this as anything less than a tremendous defeat for the Obama…

[ More ] January 26th, 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 |
 

The US’s shrinking – and then growing – deficit

The Congressional Budget Office today released its outlook for the budget deficit. No surprise: the deficit, as a proportion of GDP, is expected to fall considerably from 9.9 per cent [...]

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

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 |

Ten Economics Pieces Worth Reading: January 25, 2010

1) Michael Linden: How to Spot a Deficit Peacock: >Deficit hawks come in a variety of breeds…. And then there is another species of deficit bird all together: the deficit peacock. Deficit peacocks like to preen and call attention to themselves, bu…

[ More ] January 25th, 2010 | No Comments | Posted in Economics |

links for 2010-01-25

Stan Collender: Brad DeLong Gets It When It Comes To A Commission Michael Linden: How to Spot a Deficit Peacock: Four Ways to Tell When Someone Isn’t Serious About the Deficit Simon Johnson: Is The “Volcker Rule” More Than A Marketing Slogan? Viral…

[ More ] January 25th, 2010 | No Comments | Posted in Economics |
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