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    Economics, Politics / Federal deficit, fiscal policy, interest rates, monetary policy, recession /

    Interest Rates Are Rising

    April 13, 2006

    This may be the beginning of a steady slowdown in the economy: long term US government bond rates are rising with the ten year bond now topping 5.0%. The New York Times reports here: Cheap Money Fades as 10-Year Note Tops 5% This may seem like a low interest rate, but the economy for the […]

    Politics /

    Immigration – Again

    April 11, 2006

    The recent rallies in protesting against restrictive immigration legislation are causing all sorts of political nightmares in Washington. The New York Times has this article: Immigrants Rally in Scores of Cities for Legal Status Now that the legislative process has ground to a halt the politics can start in earnest. So far the Republican leadership […]

    Economics, Politics /

    Another One Bites the Dust?

    April 5, 2006

    The rumors are flying that John Snow might be the next casualty in Bush’s attempt to get his administration back on track. The New York Times has this story: Treasury Secretary Is Said to Be Thinking of Quitting I don’t think anyone who follows the economy closely will miss this guy. He is a figurehead […]

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