Great Recession Ended June 2009

Great news, everybody: The biggest economic calamity since the Great Depression has been over for well over a year.

The Risk of a Fiscal Crisis

The CBO sees a clear threat of a fiscal crisis during the next two decades unless we’re saved by magic ponies.

Is America Too Genteel?

David Brooks blames our economic woes on a change from a culture that valued productive work to one of gentility. And Bill Cosby.

2nd Quarter GDP Growth Revised Downward To 1.6%

Another set of bad economic numbers are out today, and one wonders when we’ll start getting the good news.

Ireland’s Credit Takes a Hit

A combination of news and some lunchtime satire.

David Stockman’s Scathing Indictment Of GOP Fiscal Policy

Twenty-five years after retiring as President Reagan’s Budget Director, David Stockman is back with a scathing indictment of Republican fiscal policies over the past four decades.

USA Wealthiest Major Country

The US standard of living is not only growing but its lead over Europe and Japan is growing.

So Much For “Recovery Summer”

The latest GDP numbers are nothing but bad news for Democrats.

Pentagon Budget Cuts ? Yes, Why Not ?

With everyone concerned about the budget deficit, the idea of cutting military spending is finally gaining traction on Capitol Hill.

Doing Our Best to Boost Property Values in Dubai

Now we’re doubling down on the Karzai government.

Did The Bush Tax Cuts Reduce Federal Tax Revenue ?

Recent debates over the economic and fiscal impact of the Bush tax cuts indicate that Republicans still haven’t learned the lessons of the Bush years.

Did the Stimulus Work?

Nobody can really say whether the stimulus worked — or even define “worked” — but that doesn’t stop them from issuing pronouncements.

So Much For The Summer Of Recovery

There are further signs that the economy will remain anemic through the end of 2010, if not longer.

The Lie of Shovel Ready Jobs

President Obama was shocked –SHOCKED! — to learn that bureaucracy and contracting hassles delay construction projects.

Our Greek Cousin

Taxes Per Person

Obama Spending Freeze

Recession Over?