12 Jun

DailyKos on the GDP and Deficit

This was so mind-blowing, I felt the need to paste in full. Read the original with hyperlinks at DailyKos.
It’s strange to find George Bush’s heavily politicized Office of Management and Budget predicting that Democrats will retake the White House this year, but that’s the only reasonable interpretation of this OMB table (PDF) attached to the [...]

04 Jun

The Economy: Obama vs. McCain

Last night on MSNBC, Chris Matthews and Keith Olbermann ended their coverage of “Obama Wins” with an interesting request, of sorts. They noted how the media gets too wrapped up in covering inconsequential mini-scandals rather than digging deep into issues that matter.
Most importantly they noted the important differences between Obama and McCain on the [...]

11 Mar

Not-So-Negative Spin on the Economy

I was pleased to read UCLA Andersen’s assessment and prediction of the “recession.”
The U.S. economy will shrink in the second quarter, but avoid a recession this year as housing’s drag will ease in the second half, helping normal growth return next year, according to a UCLA Anderson Forecast report released on Tuesday.
“The data don’t [...]