What if we had not cut taxes for the richest and increased discretionary spending faster than the rate of inflation?
Energy independence
A reader writes, “Can you provide for readers of Econbrowser a range of estimates for the price of crude oil at which the US would be self-sufficient in the present and near future?”
More on the Costs of Energy Dependence
Quantification is the first step in assessing the proper course of action
EPA report on boutique fuels
There is a curious difference between the EPA report on boutique fuels that was actually released by the EPA and the account in the mainstream press.
Measuring the import component of U.S. exports
In order to export in a competitive market, we need to import
Oil market predictions
Cambridge Energy Research Associates seems to be substantially less optimistic than they were a year ago.
Some Iraq cost metrics on a one year anniversary
Evaluating the costs one year after Cheney’s prediction of “the last throes …of the insurgency”
Inflation and the Fed
Certainly the recent inflation data have been– Dave Altig says
insert something negative here, so I’ll just say “unwelcome”. But when Fed Chair Ben Bernanke declared that’s exactly the way he sees it, too, markets stood up and took notice. Let’s review some of the dramatic market adjustments that have occurred since Bernanke’s June 5 remarks.
New Direction for America
The Democrats call it a New Direction for America. But to me, it looks like the same old same old.
The 2006q1 Current Account figures
Upside surprises. Will they continue?