Congress squawks about the horrible debt and then adds even more red ink.
Category Archives: deficits
The latest employment figures: implications for policy
Stronger employment growth in February than I and many others had been expecting.
The downward march of the trade balance
Some context for the the latest trade deficit numbers
Do (budget) deficits matter?
Thinking about what happens to interest rates when foreign capital inflows slow
Tempest in a Sea Port
The United-Arab-Emirates-based company Dubai Ports World has graciously requested a new 45-day review in the hopes of allaying concerns about its proposal to take over the British-based company P&O, which if approved would allow DP World to operate 11 of the 43 terminals at the ports of 6 U.S. cities. Here I summarize a few of the issues that have been raised about this takeover.
A Critique of Pure Dark Matter
Net income on the balance of payments might be essentially zero in 2005q4
Tackling “Oil Addiction”?
Cognitive Dissonance in the 2006 Economic Report of the President
Capital corruption
The case against my former representative in Congress, Randy “Duke” Cunningham (R-CA), is pretty unbelievable.
Open Economy Macro in the 2006 Economic Report of the President
Beryl Sprinkel meets Ben Bernanke
Dick Cheney on economics
The vice president holds forth on the elasticity of tax receipts with respect to the tax rate.