What do the scientists (in peer reviewed journals) say about global warming?
Slower second quarter growth
As expected, GDP growth slowed significantly in the second quarter.
Seasonal adjustment and new home sales
How significant is the housing slowdown? Answering requires separating the seasonal from the cyclical factors.
A Dynamic Analysis of Permanent Extension of the President’s Tax Relief
The press account surrounding the Mid Session Review (MSR) (page 3-4) noted the preferred estimate of GNP response to the President’s tax proposals: real GNP might be 0.7 percent higher than steady state baseline. The Treasury’s Office of Tax Analysis has just released the underlying analysis.
Reading the yield curve
What are the implications of the current shape of the yield curve?
The Gamble Fails: Doha talks collapse
The Bush Administration’s quid pro quo of early-on steel protectionism in exchange for fast track negotiating authority for the Doha Round seems like a bad bet (May 24) in retrospect.
A long term perspective on differential approaches to fiscal policy
Or, over the past quarter century, have Democrats and Republicans acted differently?
That’s one way to raise those campaign dollars
A California lawyer tells doctors that they should not expect to be asked to testify in workers’ compensation trials unless they contribute $2,500 to Phil Angelides’ campaign for governor.
(Non) transparency of GWOT expenditures, and an update on Iraq metrics
While the events in Lebanon and Gaza have pushed Iraq off center stage, Iraq and Afghanistan remain the largest fiscal drains on the U.S. Treasury and the military’s ability to respond to other strategic challenges. In this light, GAO Comptroller David Walker’s testimony on Tuesday [pdf] is both illuminating and depressing. From the Summary:
Bernanke’s latest testimony
A more optimistic assessment from the Fed chair than I had been expecting.