"The Irresponsibility of Speaker John Boehner"
Stan Collender is very unhappy with John Boehner: The Irresponsibility of Speaker John Boehner, by Stan Collender: ...Speaker John Boehner’s (R-Ohio) choreographed events last week in which he repeatedly said he would prevent the debt ceiling increase that will be...
Why Have Politicians Neglected the Unemployed?
Republicans didn't always oppose the use of monetary and fiscal policy to stabilize the economy, but they do now. Why the change?:
Why Have Politicians Neglected the Unemployed?
"Incredulous and Horrified"
Jonathon Portes bangs his head against the wall over economic policy in the UK: Four charts and why history will judge us harshly, Not the Treasury View: When I'm asked in interview or articles to sum up concisely why I...
Cutting Extended Unemployment Benefits Will Not Solve the Unemployment Problem
This article on why ending unemployment benefits will hurt individuals and the economy has quite a bit of editing, e.g. the figures noted in the title were added, but it's mostly me: Cutting Unemployment Benefits will not Solve the Unemployment...
David Altig: Labor Force Participation and the Unemployment Rate
How likely is it that the unemployment rate will fall to 7.5% by the end of 2013? The answer depends critically on assumptions about the labor force participation rate (I suppose I should add that while policymakers are likely to...
"Central Banks Should Do Much More"
In the Financial Times, Roger Farmer notes a close association between Fed policy and stock market values: [1] Is the date at which QE1 began, [2] Is the date at which the Fed started to buy mortgage backed securities, [3]...
"Central Banks Should Do Much More"
In the Financial Times, Roger Farmer notes a close association between Fed policy and stock market values: [1] Is the date at which QE1 began, [2] Is the date at which the Fed started to buy mortgage backed securities, [3]...
Krugman: How Bad Things Are
This is from chapter 1 of Paul Krugman's new book "End This Depression Now" (the full chapter 1 is here): ...How severe is the problem of unemployment? That question calls for a bit of discussion. Clearly, what we're interested in...
"The Unemployment Rate Without Government Cuts: 7.1 Percent"
Via the WSJ's Real Time Economics, a calculation of how costly the "sharp cuts in state and local government spending" have been: Unemployment Rate Without Government Cuts: 7.1%, by Justin Lahart: One reason the unemployment rate may have remained persistently...
"Learned Helplessness"
I talked a bit yesterday about the political hurdles standing in the way of more help for job creation, something that is desperately needed if we want to avoid the permanent scars of high unemployment. Robin Wells has more on...
"How to End This Depression"
I have to fight the feeling that it's too late to do much more about the unemployment problem. It's not. Unemployment is still several percentage points above the full employment level and falling slowly -- far too slow to provide...
Integrating Poorly Educated Workers into the Workforce
How can we help workers at the lower end of the income scale? Laura Tyson: ...The integration of poorly educated workers – particularly those with a high school education or less – into the work force will be an increasing...
