Economy
Latest
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CBO Update on the Economic Effects of ARRA
Read moreYesterday, CBO released an update on the effects of the American Recovery and Reinvestment Act of 2009 (ARRA) on employment and economic output in the...
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NABE Survey Highlights Experts Views on Fiscal Matters
Read moreThe National Association for Business Economics (NABE) published the findings of its August 2011 Economic Policy Survey yesterday, in which 250 panel...
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Obama Administration Takes Further Steps to Help the Housing Market
Read moreWith the housing market still depressed almost five years after the housing bubble burst, the Obama administration is seeking input from private...
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A Roller Coaster Ride in Financial Markets
Read moreWho needs amusement parks when you can watch the volatility that is the stock market? Just a day after the Dow Jones posted its biggest one-day loss...
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Low GDP Growth and Stalemate in the Congress
Read moreWith the Bureau of Economic Analysis releasing tepid GDP numbers of only 1.3 percent growth and last night's failure of the House of Representatives...
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Fed's Beige Book Points to Slowing Economy
Read moreFed’s latest Beige Book, released yesterday, pointed to slowing growth (but still positive growth) across many economic sectors and regions. On a...
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Recent Study Ranks U.S. Debt Fifth Largest Among Major Economies
Read moreA recent report from the Associated Press Global Economy Tracker found that the U.S. national debt (as a percentage of GDP) is the fifth largest among...
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Deficit Reduction Helps the Economy, But It Isn't Just a Counting Exercise
Read moreCBO recently released its analysis of a hypothetical deficit reduction plan's effect on the economy. They use a $2.4 trillion deficit reduction plan...
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IMF Issues Grim Warning
Read moreHighlighting the growing concern within international circles and among the various ratings agencies, the International Monetary Fund released its...
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Biden Group Talks Update: Searching for More Cuts and Talking Triggers
Read moreThe Biden group of debt negotiations resumed on Tuesday with the fourth meeting of the bipartisan group of lawmakers chaired by Vice President Biden...
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‘Line’ Items: Playoffs Edition
Read moreCrunch Time – The playoffs are well underway in the NBA and NHL. A playoff atmosphere is also brewing in Washington even though the home teams are not...
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Between the ‘Line’s: Meetings, Plans, Halfsies and One Cent
Read moreNo Deficit of Talk – At least there no longer is a deficit of discussion when it comes to our fiscal situation. House Speaker John Boehner (R-OH) gave...