June 28, 2011
Same idea, different results

First, the facts. Here’s a chart showing the employment picture since the start of the recession for the last 4 recessions. Here’s Mitt Romney: "It's been a failure in the last several years to get America back on track again. It's taken longer to get Americans back to work than it took during the Great […]

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June 28, 2011
We are doomed

Former Bush 43 economic policy adviser Lawrence Lindsey points out in today’s Wall Street Journal that our economic situation is actually worse than it’s made out to be. First, a normalization of interest rates would upend any budgetary deal if and when one should occur. At present, the average cost of Treasury borrowing is 2.5%. […]

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