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    Economics / bailouts, Bush, deficits, fiscal policy, interest rates, Reagan, taxes /

    Deficits As Far As The Eye Can See

    August 26, 2009

    The sea of red ink is swelling at an awesome rate. One of the reasons that Obama pushed forward his announcement about Bernanke was to drive the various reports issued yesterday about the Federal Deficit off the front page. At least that’s my guess. If it was his plan he failed miserably: today’s Financial Times […]

    Economics / home prices, real estate, stimulus, unemployment /

    Home Prices – Bottom at Last?

    August 26, 2009

    I neglected to point you to the Case Schiller index yesterday: it rose for the second month in a row. The increase was very slight but general across the country. This suggests that the long decline in home prices may be approaching an end. Just to put this in context: the index covers re-sale prices […]

    Economics / Ted Kennedy /

    Ted Kennedy

    August 26, 2009

    It is entirely inappropriate to continue blogging about the current set of issues that beset us without paying due deference to Ted Kennedy. In many of the debates that we are embroiled in from health care reform, to consumer protection in finance, and on to bank regulatory reform, Kennedy’s voice will be sorely missed. In […]

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