Economics
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The Ever-Growing Announcement Effect Club
Read moreEPI's Lawrence Mishel joined the Announcement Effect Club with an article co-written with David Walker (already a member) in Politico last week. In...
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Weekend Editorial Roundup
Read moreHere are the highlights from this weekend’s editorials on fiscal and budget policy: The New York Times chided Jim Bunning for holding up a bill that...
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Two Economists Join the Announcement Effect Club
Read moreIn a blog post today on Voxeu.org, European economists Tim Besley and Andrew Scott joined the Announcement Effect Club, stating that a switch to tight...
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New Members in the Announcement Effect Club
Read moreDuring yesterday's Avoiding a Government Debt Crisis event, hosted by the Peterson-Pew Commission on Budget Reform, speakers Thomas Hoenig, Richard...
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Happy Birthday ARRA: The American Recovery and Reinvestment Act One Year Later
Read moreA year after its creation, the ARRA has disbursed about $300 billion, of the now $862 billion, through spending increases and tax breaks. Almost all...
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‘Line’ Items: Commissions, Summits, Caps and Dogs
Read moreCommission Coming – The White House says President Obama will create a fiscal commission by executive order within days. Meanwhile, Republicans still...
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Snowpocalypse Doesn’t Stop Announcement Effect Club from Growing
Read moreFearless economists braved the Washington snow this week to walk through the doors of the Announcement Effect Club via their testimony before the...
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If You Think Snowmageddon is Bad, Blizzard of Debt Will be Worse
Read moreExperts concerned about the nation’s fiscal and economic outlook braved the snow yesterday to participate in a Senate Budget Committee hearing on...
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Economists Explain the Announcement Effect
Read moreIn a recent economic study, André Meier, Giancarlo Corsetti, and Gernot Müller found that announcing significant fiscal retrenchment (ie deficit...
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Tim Geithner Joins the 'Announcement Effect Club'!
Read moreTreasury Secretary Timothy Geither has just joined CRFB's ' Announcement Effect Club', a group of prominent economists and leaders who have called for...
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President Releases $3.8 Trillion Budget
Read morePresident Obama released a Fiscal 2011 budget request today that would spend some $3.834 trillion next year and projects a deficit of $1.267 trillion...