Daily Archive: Tuesday, November 24, 2009

Krugman on ‘The Phantom Menace’

[Skip to the end] Thanks, problem areas in yellow that tend to discredit what he’s saying. He needs our help bad! The Phantom Menace By Paul Krugman Nov 22 (NYT) — A funny thing happened on the way to a new New Deal. A year ago, the only thing we had to ...Read More

Consumer Confidence

[Skip to the end] Not looking good. Looks like something bad did happen back in July. The combo of modestly rising GDP, with rising unemployment due to productivity is very unattractive politically. Deficit myths keep them doing anything substantive. Still wouldn’t surprise me if they announce something dramatic, like they are going ...Read More

Orszag attending Obama Afghan meetings

[Skip to the end] Yes, the deficit reduction polls are likely having a lot of influence on policy going into the 2010 elections and are a major obstacle to any kind of meaningful recovery. And, worst of all, it was reported that Budget Director Peter Orszag was also sitting in on these ...Read More

Galbraith on what can be done

[Skip to the end] Old Mistakes Die Hard As part of the Roosevelt Institute’s 10-part series on the Jobs Crisis, running on the New Deal 2.0 blog from Nov. 12-25, I was asked to reflect on what can be done to get Americans working again. Here’s my take. I’m tempted to say ...Read More