From The Wichita Eagle:
Lawmakers rolled back Gov. Sam Brownback’s signature tax policy over his objections Tuesday night, forcing into law tax increases to fix a budget shortfall and provide more money for schools.
Implications of the President’s Muslim Travel Ban
Since the President has acknowledged that the intent of his restrictions on entry of individuals from certain countries is actually a “travel ban”, it is of interest to assess the impact on foreign travel to the United States, and consequent impact on the US economy.
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Slowdown? Recession Indicators as of June 5, 2017
As the prospects for a fiscal stimulus fade, and the prospects for protectionist backlash remain, some observers ponder whether growth will stall before it gets started.
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Why Did the President Rely upon a Consultant’s Report for His Decision on the Paris Accord
As noted in the NYT, the President cited this NERA study, commissioned by the American Council for Capital Formation, and the U.S. Chamber of Commerce. Why didn’t the President rely upon his own experts within the White House?
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Stall Speed in Wisconsin?
A reader brings my attention to John Schmid’s article documenting the Wisconsin employment slowdown, relying on the Census of Quarterly Employment and Wages, for the year ending December 2016.
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“First thing we do, let’s kill all the beancounters” Part 2
First, it was Newt Gingrich saying abolish the CBO. Now, Mick Mulvaney advocates ignoring the CBO.
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Guest Contribution: “Can Google Trends Data Be Replicated?”
Today we are pleased to present a guest contribution written by Hal Varian, Emeritus Professor at the School of Information, the Haas School of Business and the Economics Department at UC Berkeley.
Stephen Moore Is a Liar
Or a statistical incompetent. Or both.
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Guest Contribution: “The Case against Subsidizing Housing Debt”
Today, we present a guest post written by Jeffrey Frankel, Harpel Professor at Harvard’s Kennedy School of Government, and formerly a member of the White House Council of Economic Advisers. A shorter version appeared in Project Syndicate.
Beware the State Level Employment Series: Kansas Edition
Steven Kopits, in response to my caution over using state level household based employment series, writes:
If you are telling me you’re smarter than BLS, go ahead.
Well, I don’t think I’m smarter than BLS. I just think it’s a good idea to know what kind of imprecision is associated with the series one works with — so without further ado, here are two vintages of household survey based civilian employment for Kansas. Tell me what you think…
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