Network News

X My Profile
View More Activity

Ezra Klein: August 8, 2010 - August 14, 2010

Weekend break

I've got to hop on a train, so instead of just tiding you over for lunch, this one will have to hold you through the weekend. Here's Malcolm Gladwell's lecture on the incredible efforts of the food industry to make...

By Ezra Klein  |  August 13, 2010; 1:24 PM ET  |  Permalink  |  Comments (14)
 
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Uncertainty, legislation and the market

My quest to find some shred of empirical evidence for the claim that businesses and investors are holding back because of policy uncertainty continues. I asked Dylan Matthews to work up the following chart: It's the Dow Jones Industrial Average...

By Ezra Klein  |  August 13, 2010; 11:18 AM ET  |  Permalink  |  Comments (62)
 
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Research desk

There are questions, and then there is Dylan Matthews....

By Ezra Klein  |  August 13, 2010; 11:06 AM ET  |  Permalink  |  Comments (19)
 
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Obama and Reagan cont'd

According to Mike Allen, the Wall Street Journal's monthly survey of economists will show that most predict the unemployment rate will be above 8.5 percent in June 2011. So it's worth talking a bit more about the Gallup graph...

By Ezra Klein  |  August 13, 2010; 10:31 AM ET  |  Permalink  |  Comments (22)
 
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Krugman on the Fed

Krugman assesses what the Fed is doing -- and what it can do: Earlier this week, the Fed changed course — but barely. It now says that it will reinvest the proceeds from maturing securities in long-term government bonds....

By Ezra Klein  |  August 13, 2010; 10:00 AM ET  |  Permalink  |  Comments (7)
Categories:  Federal Reserve  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

The Daily Show on tax cuts

The Daily Show With Jon StewartMon - Thurs 11p / 10cDeductible Mewww.thedailyshow.comDaily Show Full EpisodesPolitical HumorTea Party...

By Ezra Klein  |  August 13, 2010; 9:32 AM ET  |  Permalink  |  Comments (11)
 
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Considering Warren

Elizabeth Warren fans and Elizabeth Warren foes will both want to read Brady Dennis's profile of the consumer-protection advocate. To make the political point, it seems to me that the importance of Warren's nomination is being dramatically overblown. And...

By Ezra Klein  |  August 13, 2010; 9:00 AM ET  |  Permalink  |  Comments (17)
Categories:  Financial Regulation  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Wonkbook: Worst jobless claims since Feb; Warren profile; Obama signs border bill

Jobless claims are up yet again this week. Worst week since February, in fact. Obama is signing a $600 million border enforcement bill today (can you guess how many senators it took to pass it?); broadband deployment is slowing;...

By Ezra Klein  |  August 13, 2010; 6:21 AM ET  |  Permalink  |  Comments (6)
Categories:  Wonkbook  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Reconciliation

Recap: It's really hard to blame job losses on Obama; more on Paul Ryan; and the Bush tax cuts vs. the Obama tax cuts in one graphic. Elsewhere: 1) In the age of Obama, it's still Bush's world. 2) Is...

By Ezra Klein  |  August 12, 2010; 7:00 PM ET  |  Permalink  |  Comments (0)
 
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

The difficulty of opposing gay marriage

When we talk about gay marriage, we should first be clear about what we're discussing: State-sanctioned marriage is a central element in American life. It includes both legal and substantial, important cultural benefits. Gay couples believe it applies to,...

By Ezra Klein  |  August 12, 2010; 5:38 PM ET  |  Permalink  |  Comments (34)
 
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Paul Ryan cont'd

I do think it's a bit peculiar to discuss Paul Ryan's seriousness about balancing the budget while simply setting the question of whether his claims to have balanced the budget are valid. But I'm also not sure that the...

By Ezra Klein  |  August 12, 2010; 4:45 PM ET  |  Permalink  |  Comments (46)
 
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Research desk investigates: How does college explain unemployment numbers, but not inequality?

By Dylan Matthews jkrantz1 asks: [Ezra] had a post yesterday, "The benefits of a college degree in one graph", saying that the recession isn't being felt among the college educated. But the anecdotal stories of the PhD's who can't find...

By Dylan Matthews  |  August 12, 2010; 3:54 PM ET  |  Permalink  |  Comments (4)
Categories:  Inequality  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

The next Christina Romer

Beth Marlowe rounds up some of the top candidates. I'd note that two of them (Furman and Farrell) come from Larry Summers's shop, one has clashed a bit with Summers (Goolsbee), and the other (Tyson) led the Council of Economic...

By Ezra Klein  |  August 12, 2010; 3:32 PM ET  |  Permalink  |  Comments (3)
 
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Who can we blame for job losses?

"Obama's America," tweets Republican political consultant Patrick Ruffini, linking to this map of economic devastation. Fairly or not, Ruffini raises an interesting question: How much unemployment can we blame on the Obama administration? Economist Rob Shapiro dug into some...

By Ezra Klein  |  August 12, 2010; 2:23 PM ET  |  Permalink  |  Comments (23)
Categories:  Economic Policy  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Lunch break

How to make a viral music video:...

By Ezra Klein  |  August 12, 2010; 12:38 PM ET  |  Permalink  |  Comments (1)
 
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

The evidence on anchor babies

Speaking of research desk, a reader e-mailed to ask whether we have any actual evidence on the prevalence of "anchor babies" -- children born in the United States so that their foreign parents have a fast path to citizenship.When...

By Ezra Klein  |  August 12, 2010; 12:00 PM ET  |  Permalink  |  Comments (34)
Categories:  Immigration  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Research desk is open

Dylan Matthews reduces uncertainty....

By Ezra Klein  |  August 12, 2010; 11:34 AM ET  |  Permalink  |  Comments (20)
 
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

The Bush tax plan vs. the Obama tax plan in one chart

Source....

By Ezra Klein  |  August 12, 2010; 10:56 AM ET  |  Permalink  |  Comments (75)
Categories:  Charts and Graphs , Taxes  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

'Our daughter isn't a selfish brat; your son just hasn't read Atlas Shrugged'

When little Aiden toddled up our daughter Johanna and asked to play with her Elmo ball, he was, admittedly, very sweet and polite. I think his exact words were, "Have a ball, peas [sic]?" And I'm sure you were very...

By Ezra Klein  |  August 12, 2010; 10:15 AM ET  |  Permalink  |  Comments (34)
 
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Why is Washington ignoring the bond markets?

In 1993, we had to cut the deficit because the bond markets said we had to cut the deficit. Today, they're not saying anything of the sort, and yet we still have to cut the deficit. Why did the bond...

By Ezra Klein  |  August 12, 2010; 10:12 AM ET  |  Permalink  |  Comments (6)
 
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Americans worry about GOP's plan -- or lack thereof

One other poll (pdf) result that I meant to mention: Which of the following concerns you more? (A) That the Republicans have offered no specific plans or programs to deal with the issues facing the country so it is hard...

By Ezra Klein  |  August 12, 2010; 9:55 AM ET  |  Permalink  |  Comments (36)
Categories:  Polls  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

State and local jobs losses in one chart

For context, the economy actually lost jobs in July. And that's a problem: Turning 316,000 people out of their jobs means it will be harder for everyone else on the job market to get a new job, as there'll...

By Ezra Klein  |  August 12, 2010; 9:35 AM ET  |  Permalink  |  Comments (8)
Categories:  Charts and Graphs  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Portrait of a frustrated electorate

Want sure-footed polling analysis? Ask Nate Silver. Want a sort of bemused confusion? Well, then you're in the right place. I was on "Morning Joe" today talking about the new NBC/WSJ poll (pdf), and I don't think we had...

By Ezra Klein  |  August 12, 2010; 9:18 AM ET  |  Permalink  |  Comments (23)
Categories:  Polls  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Wonkbook: Trade deficit up; $3 bill for jobless homeowners; climate fight moves to states

The latest trade deficit data provides yet another unwanted data point that the recovery is slowing; the Obama administration is spending $3 billion to help unemployed homeowners stave off foreclosure; when considering the Obama administration's challenge in the midterms,...

By Ezra Klein  |  August 12, 2010; 5:50 AM ET  |  Permalink  |  Comments (16)
Categories:  Wonkbook  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Reconciliation

Recap: We're purposefully prolonging our economic misery; a coin worth $500 million; and the economic conditions of a senator's state tells you a lot less than their party affiliation about how they'll vote on stimulus. Elsewhere: 1) We're still in...

By Ezra Klein  |  August 11, 2010; 6:20 PM ET  |  Permalink  |  Comments (3)
 
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Research Desk evaluates: How does immigration affect Social Security's finances?

By Dylan Matthews ManuelMorales asks: It is always said that the reason Medicare and Social Security are facing such a crisis is that there are will be so fewer young people paying into the system than older people receiving benefits...

By Dylan Matthews  |  August 11, 2010; 4:02 PM ET  |  Permalink  |  Comments (29)
Categories:  Social Security  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Rogoff and Reinhart strike back

It doesn't say this exactly, but my sense is that Carmen Reinhart and Kenneth Rogoff's latest paper on debt is something of a response to Paul Krugman's critique of their last paper on debt. In short, they find, and...

By Ezra Klein  |  August 11, 2010; 2:50 PM ET  |  Permalink  |  Comments (18)
Categories:  Budget  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Senators representing their parties, not their states

Yesterday, I linked to Kombiz Lasvany's graph showing the difference between the percentage of Republican governors who signed a letter asking for state relief funds (70 percent) and the percentage of Republican congressmen who voted for those funds (about zero)....

By Ezra Klein  |  August 11, 2010; 1:30 PM ET  |  Permalink  |  Comments (27)
Categories:  Senate  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Re: Yoda

A reader writes in to say I'm being unfair to Yoda when I liken the Federal Reserve's "doing by not doing" strategy to Yoda intervening in the economy. Hey, Yoda is a man of action. He saw the Republic getting...

By Ezra Klein  |  August 11, 2010; 1:05 PM ET  |  Permalink  |  Comments (8)
 
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

The $500 million coin

Gotta make money to save money: The Government Accountability Office estimates that the government could save more than $500 million a year by using the dollar coin exclusively, since it's more durable than the dollar bill and offers the...

By Ezra Klein  |  August 11, 2010; 12:25 PM ET  |  Permalink  |  Comments (21)
 
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Lunch break

Philip Zimbardo details six ways people conceive of time and how it influences their lives. Plus, it's animated!...

By Ezra Klein  |  August 11, 2010; 12:22 PM ET  |  Permalink  |  Comments (2)
 
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Research desk is open

Dylan Matthews reduces uncertainty....

By Ezra Klein  |  August 11, 2010; 12:20 PM ET  |  Permalink  |  Comments (20)
 
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Reading the Fed leaves

Neil Irwin on what the Federal Reserve's decision to not do less says about when or whether it will be willing to do more: My best guess is that the decision of whether to resume asset purchases and expand the...

By Ezra Klein  |  August 11, 2010; 10:54 AM ET  |  Permalink  |  Comments (3)
Categories:  Federal Reserve  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Our anti-recovery policy

Want to get depressed? Spend some time reading the Center for Budget and Policy Priorities "Update on State Budget Cuts." "Florida’s 11 public universities will raise tuition by 15 percent for the 2010-11 academic year. This tuition hike, combined with...

By Ezra Klein  |  August 11, 2010; 10:51 AM ET  |  Permalink  |  Comments (54)
 
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

The benefits of a college degree in one graph

That's from Matthew Yglesias, who comments: Virtually every single member of congress, every senator, every Capitol Hill staffer, every White House advisor, every Fed governor, and every major political reporter is a college graduate. What’s more, we have a...

By Ezra Klein  |  August 11, 2010; 9:39 AM ET  |  Permalink  |  Comments (37)
Categories:  Charts and Graphs , Economy  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Why Supreme Court justices serve longer

John Sides brings some political science to the question of whether Supreme Court justices should have fixed, rather than lifelong, terms. By now, you've likely heard that the average justice's tenure has increased from 15 years to 26 years. Here's...

By Ezra Klein  |  August 11, 2010; 9:32 AM ET  |  Permalink  |  Comments (7)
 
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Wonkbook: Fed takes mild action; Obama signs state aid bill; Senate considers border security bill

The Fed will hold rather than gradually reduce the amount of assets it owns in order to kickstart what it views as a faltering recovery. This, in Fed lingo, is "mild easing," and the markets were cheered by it...

By Ezra Klein  |  August 11, 2010; 6:39 AM ET  |  Permalink  |  Comments (17)
Categories:  Wonkbook  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Reconciliation

Recap: Obama's approval ratings mirror Ronald Reagan's almost exactly; Mitch McConnell's plan is working perfectly; and politicians think "inflict unnecessary economic pain" is a more popular position than I would have anticipated. Elsewhere: 1) Ted Stevens's obit. 2) Fashion copyrights...

By Ezra Klein  |  August 10, 2010; 5:58 PM ET  |  Permalink  |  Comments (3)
 
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

The difference between being a governor and being a congressperson in 1 graph

Kombiz Lasvany sends along this graph showing the difference between serving in Washington and having to balance a state budget: Photo credit: Kevork Djansezian/Getty Images....

By Ezra Klein  |  August 10, 2010; 5:25 PM ET  |  Permalink  |  Comments (17)
Categories:  Charts and Graphs  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

House passes state aid bill -- but is it enough?

The House passed legislation giving states $26 billion for Medicaid and teachers today. The Senate had already passed the legislation, so now it's off to the president's desk. The end product has, after three months of negotiations and compromises,...

By Ezra Klein  |  August 10, 2010; 4:45 PM ET  |  Permalink  |  Comments (17)
 
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

The Fed speaks

The Fed -- or at least the Federal Open Market Committee -- has spoken, and the new regime will be the same as the old regime. That is to say, interest rates will remain unchanged, and the Fed will keep...

By Ezra Klein  |  August 10, 2010; 3:36 PM ET  |  Permalink  |  Comments (2)
 
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Kids today

They just don't study. Or, at the least, they just don't study like they used to. Students at four-year colleges devote about 14 hours each week to studying. In 1961, their parents were spending 24 hours each week studying. There...

By Ezra Klein  |  August 10, 2010; 2:51 PM ET  |  Permalink  |  Comments (25)
 
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Uncertainty cont'd

Derek Thompson talks to Eric Spiegel, CEO of Siemens USA, and finds that he'd like to see the government reduce uncertainty by ... passing activist legislation that he likes: Siemens, which engineers and sells equipment for the new green economy...

By Ezra Klein  |  August 10, 2010; 2:44 PM ET  |  Permalink  |  Comments (8)
 
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Where the stimulus's NIH money went

Yesterday, I put health-research funding into the basket of stimulus policies that wouldn't do much in the short term but could do a lot in the long term. Today, a reader e-mailed to say I'm wrong and that this money...

By Ezra Klein  |  August 10, 2010; 2:10 PM ET  |  Permalink  |  Comments (2)
 
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Research Desk: How much "other" stimulus has been passed?

By Dylan Matthews roquelaure_79 asks: We keep hearing about how the stimulus was too small. True. But it also wasn't the last word on stimulus/rescuing the economy. Congress has passed numerous fixes, assistance, etc since then. How much TOTAL money...

By Dylan Matthews  |  August 10, 2010; 1:59 PM ET  |  Permalink  |  Comments (6)
Categories:  Stimulus  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Lunch Break

A clip from "60 Minutes'" look at D.C. superchef Jose Andres: I've got an upcoming reservation at Minibar, I'm stoked....

By Ezra Klein  |  August 10, 2010; 12:14 PM ET  |  Permalink  |  Comments (4)
 
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

When did 'more economic pain' become a popular position in American politics?

There are economic problems that we can't do much about. An oil embargo from OPEC, for instance. Or an asteroid hitting Wall Street. But then there are economic problems we can do something about. Cities firing hundreds of thousands...

By Ezra Klein  |  August 10, 2010; 11:23 AM ET  |  Permalink  |  Comments (61)
 
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Fed-ology

With the Federal Reserve's policy-setting body meeting today for the first time in months, Neil Irwin runs down the Fed's various options and how likely each of them is. The takeaway? The Fed isn't likely to do more but isn't...

By Ezra Klein  |  August 10, 2010; 10:19 AM ET  |  Permalink  |  Comments (2)
Categories:  Federal Reserve  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

CEOs getting more pessimistic

From a poll conducted by the Young Presidents' Organization: American CEOs responding to the YPO Global Pulse economic sentiment survey during the first two weeks of July 2010 expressed weakened confidence about the outlook for their sales and employment levels...

By Ezra Klein  |  August 10, 2010; 10:04 AM ET  |  Permalink  |  Comments (4)
 
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Somewhere, Mitch McConnell is smiling

Adam Serwer tweets a good point on the contretemps between Robert Gibbs and "the Professional Left." Whatever the two sides' feelings for each other, "they're not the ones filibustering jobs bills." This is the beauty of obstruction, of course: The...

By Ezra Klein  |  August 10, 2010; 9:45 AM ET  |  Permalink  |  Comments (20)
 
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Obama and the left

I understand why the White House is frustrated by the criticism from the "professional left" and feels progressives should focus on all the progressive things the administration has done rather than all the things it hasn't been able to do...

By Ezra Klein  |  August 10, 2010; 9:03 AM ET  |  Permalink  |  Comments (59)
Categories:  Polls  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Wonkbook: House to vote on EduJobs; Fed meets; Bushies blast 14th amendment reform

The Federal Open Market Committee is meeting today amidst speculation -- and in some quarters, fervent hope -- that they'll take a more aggressive role in accelerating the recovery. The House is also heading into session, with the $26...

By Ezra Klein  |  August 10, 2010; 6:30 AM ET  |  Permalink  |  Comments (10)
Categories:  Wonkbook  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Reconciliation

Recap: I wondered whether people really want the Senate the Founders envisioned and Dylan Matthews asked economists, commentators and politics where, exactly, the Laffer curve bends. 1) Romer's choice. 2) "No matter how you examine the numbers, the Bush expansion...

By Ezra Klein  |  August 9, 2010; 6:15 PM ET  |  Permalink  |  Comments (5)
 
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Certain about uncertainty

Stan Collender puts a fine point on one of the themes from my column this week, which is that the people demanding that Washington reduce "policy uncertainty" are usually just demanding that Washington pass whatever policies they like -- even...

By Ezra Klein  |  August 9, 2010; 4:37 PM ET  |  Permalink  |  Comments (13)
 
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Column: The anti-business president's pro-business recovery

This White House has "vilified industries," complains the U.S. Chamber of Commerce. America is burdened with "an anti-business president," moans the Weekly Standard. Would that all presidents were this anti-business: According to the St. Louis Federal Reserve, corporate profits hit...

By Ezra Klein  |  August 9, 2010; 3:48 PM ET  |  Permalink  |  Comments (13)
Categories:  Articles , Economic Policy , Economy  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Where does the Laffer curve bend?

By Dylan Matthews With the Bush tax cuts due to expire soon and debates about raising top rates further to cut the budget deficit soon to follow, the Laffer curve is bound to come up again. The idea, popularized by...

By Dylan Matthews  |  August 9, 2010; 3:24 PM ET  |  Permalink  |  Comments (63)
Categories:  Taxes  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Change the Senate? Blasphemy! Change the Constitution? Why not?

Lately, Republicans have been shocked and appalled that Democrats are even considering arguments that could lead to them considering changes to the Senate's rulebook. At the same time, Republicans are planning to introduce no fewer than two major amendments to...

By Ezra Klein  |  August 9, 2010; 3:13 PM ET  |  Permalink  |  Comments (14)
Categories:  Senate  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Taxing the super-rich

I'm very sympathetic to the idea that there should be more tax brackets as you travel higher and higher up the income scale. There's not an obviously good reason why someone who makes $30,000 and someone who makes $40,000 should...

By Ezra Klein  |  August 9, 2010; 2:52 PM ET  |  Permalink  |  Comments (23)
Categories:  Taxes  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Fun with stimulus

Last week, John McCain and Tom Coburn put out a list of supposedly dumb projects that had been funded with stimulus dollars. A lot of the items focused on grants for scientific studies, as they can sound sort of funny...

By Ezra Klein  |  August 9, 2010; 2:32 PM ET  |  Permalink  |  Comments (12)
Categories:  Stimulus  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

John Boehner talks tax cuts

Oh my: MR. GREGORY: Leader Boehner, he puts it right to you. REP. BOEHNER: The only way we're going to get our economy going again and solve our budget problems is to get the economy moving, get more people...

By Ezra Klein  |  August 9, 2010; 1:49 PM ET  |  Permalink  |  Comments (16)
 
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Lunch break

The history of the Soviet Union told through Tetris, and to the theme of Tetris....

By Ezra Klein  |  August 9, 2010; 12:44 PM ET  |  Permalink  |  Comments (1)
 
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

The comfort of individual preferences

The economics of a POW camp: True, a prisoner is not dependent on his exertions for the provision of the necessaries, or even the luxuries of life, but through his economic activity, the exchange of goods and services, his standard...

By Ezra Klein  |  August 9, 2010; 11:53 AM ET  |  Permalink  |  Comments (3)
 
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Research Desk tallies: How expensive is welfare?

By Dylan Matthews bmkhawk asks: What percentage of the annual budget is due to welfare programs? When people refer to "welfare," they usually mean the Temporary Assistance to Needy Families program (TANF), which provides funds to families with children while...

By Dylan Matthews  |  August 9, 2010; 11:17 AM ET  |  Permalink  |  Comments (22)
 
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Tony Judt

Tony Judt, the historian and essayist, died from Lou Gehrig's disease the weekend. I only knew him through his writing, so linking to this collection of his articles and remembrances for the New York Review of Books seems a...

By Ezra Klein  |  August 9, 2010; 10:45 AM ET  |  Permalink  |  Comments (0)
 
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

'The range of options under consideration...is remarkably narrow'

Business Week's look at the Bush tax cuts is a useful reminder that "the cuts weren't designed as Keynesian energy shots. They were supposed to promote long-term growth by realigning incentives." Which is to say, they're not the right...

By Ezra Klein  |  August 9, 2010; 10:29 AM ET  |  Permalink  |  Comments (26)
Categories:  Taxes  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Things you should read

This, on how the president's economic policy team really works, who serves on it, and what positions are relevant for which debates....

By Ezra Klein  |  August 9, 2010; 9:58 AM ET  |  Permalink  |  Comments (1)
 
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Speaking of the Founders...

It can't be pointed out often enough that lifetime tenure for Supreme Court justices no longer means what it once did and is now actively harmful to the nominations process....

By Ezra Klein  |  August 9, 2010; 9:29 AM ET  |  Permalink  |  Comments (8)
 
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

This is not your Founders' Senate

Any conversation about the United States Senate inevitably ends in the same place: "When the Founders created the Senate," someone will explain, they created it in express agreement with the speaker's preference for the Senate's 2010 rulebook. As everyone...

By Ezra Klein  |  August 9, 2010; 9:22 AM ET  |  Permalink  |  Comments (18)
Categories:  Senate  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

Wonkbook: The GOP's health care battle plan; Green's retrench; the pro-business recovery

With a comprehensive energy bill unlikely this session, environmental groups are moving their resources from advocating cap and trade to defending existing emissions regulations and, in particular, the EPA. But just to show that hope springs eternal, Carol Browner is...

By Ezra Klein  |  August 9, 2010; 6:30 AM ET  |  Permalink  |  Comments (8)
Categories:  Wonkbook  
Save & Share:  Send E-mail   Facebook   Twitter   Digg   Yahoo Buzz   Del.icio.us   StumbleUpon   Technorati   Google Buzz  

 
RSS Feed
Subscribe to The Post

© 2010 The Washington Post Company