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Politics & Policy

A Stark Tax Contrast

President Obama is correct when he says that the 2012 election represents a stark choice between two conflicting visions of economic policy. Comparing Mitt Romney’s approach to tax policy with ...

The President Tonight

The president stumbled four times over the past week. He made a tactical negotiating error by increasing his tax demand of Speaker Boehner. He compounded this error with his Friday evening press ...
Politics & Policy

Thus Does It Grow

The American people did not give power to congressional Republicans; they took it away from congressional Democrats. Republicans now have an opportunity to prove that they deserve majority status — ...

Re: Today’s Jobs Report

Markets care about expectations and rates of change. Real people care about levels — Do I have a job?  How big is my paycheck? If you focus on the former, it’s good ...

Today’s Jobs Report

Here are the basic facts about today’s jobs report: * The U.S. economy lost a net 345,000 jobs in May. This bad news beat expectations, so markets reacted positively. * The unemployment ...

Stressing Points

Here are eight things to think about when considering the stress tests conducted by banking regulators: By using common standards to examine the 19 largest bank holding companies, regulators, and ...