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2.7%  Q1 GDP    4.57%  avg. 30-year mortgage     9.5%  Unemployment

Say goodbye to Economy Watch and hello to Political Economy

Let me start this off with a thank you.

This marks the last entry of the Economy Watch blog, and I'd like to thank all of its readers. That includes those who only recently began reading to those who have been with me since I launched the blog in September 2008, when it seemed like the world was melting down.

You may have noticed the big overhaul of The Post's online business coverage, which we launched a couple of weeks ago, and which you can see here. The fresh look reflects The Post's new business news partnership with Bloomberg, which we hope will give Post readers a comprehensive report on business news.

The budget struggles of newspapers are no longer news. The Post simply cannot afford to hire enough reporters and editors to cover everything business readers want to know, from the commodities markets to the steel industry to options trading to overseas exchanges, and on and on.

With this partnership, The Post business staff will continue to cover what it covers better than any other organization: the intersection of economics and policy, or Wall Street and Washington. That means The Post will report on the Treasury Department, the Federal Reserve Board, tech policy, corporate lobbying, the works. For the rest, we'll lean on Bloomberg.

Part of this package is the brand-new Political Economy blog, which you can see here. Think of it as Economy Watch on Red Bull and HGH.

I'll write for the Political Economy blog, but I'll be one of many voices, as most of my colleagues will contribute, as well. The aim is to provide you with a fast-breaking, comprehensive report on the day's financial and economic news. Several voices are better than one.

If you've set up Economy Watch on your RSS feed, you will now be automatically directed to Political Economy.

I will continue to tweet on my Twitter account, theticker, which you can see here.

As for me, this has been a terrific nearly two years and an unparalleled education. When my former boss interrupted my Colorado vacation in September 2008 -- the weekend Fannie Mae and Freddie Mac were taken over by the government -- and told me that I was going to start writing a breaking economic news blog, well, I'm not ashamed to tell you that I had never heard of a collateralized debt obligation, or CDO.

But that all changed quickly. In two years, this blog has covered the bailout, the stimulus, cash-for-clunkers, an administration change, soaring unemployment, soaring deficits, the European debt contagion, mark-to-market accounting, stock market circuit breakers and lots and lots and LOTS of data, which I love.

I have never been a pelts-on-the-belt journalist. I have no delusions that I'm a cop. There's no one whom I want to nail to any wall. I like to figure things out and explain them as simply and powerfully as possible. This blog -- which sought to decipher the highly complex workings of the economy -- suited me perfectly.

Here are a few of my favorite posts:

  • Five reasons why Europe is sick

  • Why it's so hard for Toyota to find out what's wrong

  • Recession pushes more into part-time work, discouragement

    It has been a great education. Mostly, however, I've enjoyed interacting with this blog's smart and respectful readers. Sometimes they offer a compliment, sometimes they point out an error, which I would acknowledge and fix. It was a real two-way street, an ongoing conversation. It made me much smarter. And it added a few sources to my Rolodex.

    So thanks, again, for reading, and I hope you will continue reading me -- and my colleagues -- on Political Economy.

  • By Frank Ahrens  |  July 26, 2010; 3:13 PM ET
    Categories:  The Ticker , Wall Street  
    Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz   Previous: U.S. exports up, but higher imports widen trade deficit

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