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    Economics / banking, deficits, double dip recession, Federal Debt, federal deficits, Federal Reserve Board, GDP, health care, recession, recovery, stimulus, unemployment /

    Hot Topics For the End of Summer

    August 24, 2009

    We have truly hit the end of summer: the flow of data has ebbed to a lazy trickle, analysts are hanging up their ‘gone fishing’ signs, Wall Street is slow, and the President is on vacation. Even the Federal Reserve Board is taking a break – they had their annual Jackson Hole gathering of world […]

    Economics / affordability, existing home sales, home prices, real estate /

    Weekend Round-up: Home Sales Bounce Back

    August 21, 2009

    This has been a quiet week for data. Today’s only significant item being the sales of existing homes report from the National Association of Realtors. And the news is good: sales rose at a 7.2% rate in July reaching a seasonally adjusted 5,240,000 level – the highest since August 2007. The strongest growth came in […]

    Economics / free markets, health care, Mark Thoma, Martin Feldstein, rationing /

    Martin Feldstein: And That Rationing Lie

    August 20, 2009

    Humph. Some people just won’t stop. Now it’s OK for an average peson to get into an argument about health care reform and make claims that a government plan will introduce rationing. But it absolutely not OK for a Harvard professor of economics and former advisor to Presidents to do so. “Repeat after me: all […]

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