Electoral disaster has a way of focusing the mind. Perhaps this is the best way to explain President Obama’s latest initiatives: an investment in the nation’s roads, railways and runways that would cost at least $50 billion,…Read
By Simon Johnson President Obama is finally attempting to cut through some of the disinformation and confusion that surrounds US fiscal policy in general and taxes in particular. His suggestion this week is: let’s (effectively)…Read
Last week we had a little bit of firming data, so let's see if Cramer is right about what he senses is a new theme at work. First, he Tweeted yesterday, following Obama's big speech: And then he followed that up with:…Read
I participated in the White House Blogger conference call today, as a stand-in for the traveling Yves. The call was run by Jason Furman, the deputy director of the National Economic Council, who provided a brief recap of…Read
@delong Fabulous Live Chat about the latest news on BP Oil Spill http://lz.ly/25Um Lovely @delong Fabulous Live Chat about the latest news on BP Oil Spill http://lz.ly/25Um…Read
President Barack Obama presented his new economic stimulus plan in Ohio today. One thing he said really caught my attention. "You elected me to do what is right," he said. I think if President Obama would "do what is…Read
Invictus here. Been a while. Been a bit busy and, frankly, not much to say of late. As a general rule, I’d say that folks should refrain from posting about things they know nothing about. The old saying (Abraham Lincoln,…Read
Note: a bucket shop is an unofficial and usually illegal betting operation in which the prices of stocks and commodities are posted and the customers bet on the rise and fall of prices without actually buying stock,…Read
The fact that in September 2010, Obama had to toss out a bevy of partial-stimulus projects and pick a personal fight with John Boehner only emphasizes the dire straits he seems to be in politically. Forget the midterms, the…Read
Summary: The rodeo clown show that is 21st century America offers a continuing stream of entertainment. Here’s today’s episode, radical leftists of Team Obama continuing the work of the Bush Jr Administration. One…Read
WASHINGTON--The times they are a'changin, as Bob Dylan sang in 1964, the year Congress passed the Kennedy tax cuts. And yesterday President Obama called for firms to be allowed to expense - deduct in full in the year of purchase…Read
Eager to revive an economy burdened by too much government spending, too much regulatory and tax uncertainty, and a weak, unstable dollar that makes job-creating investment a distant object, President Obama has announced his…Read
-- Brad Plumer investigates the Tea Party's obsession with rewriting the Constitution. -- Tim Noah's series on income inequality for Slate. -- Ezra Klein asks, Why did Obama do health care first? Also, I will be out…Read


