GOP presidential candidate Rick Perry repeated his characterization of Social Security as a Ponzi scheme in Wednesday night’s debate, and insisted that the retirement program is unfair to young workers. If Perry is right, maybe we should end Social …
Econbrowser
September 07, 2011
Double Dip or Not? The Data and Policy Implications
We know that in the aftermath of combined housing busts, financial crises, and recessions, recoveries are typically modest if not halting, even if the recession is deep…
April 29, 2011
The March Personal Income and Outlays report was published today by the Bureau of Economic Analysis. The chart below shows the monthly year-over year change in the personal consumption expenditures (PCE) price index since 2000. I’ve a…
Americans depended more on government assistance in 2010 than at any other time in the nation’s history, a USA TODAY analysis of federal data finds. The trend shows few signs of easing, even though the economic recovery is nearly 2 years old.
A record…
The Comstock boys present a long list of reasons why a stock market decline is on the horizon…
The stock market is at a highly vulnerable point, both fundamentally and technically. Fundamentally, the current rate of economic growth is unsustainabl…
The Treasury rounded out its schedule for the week the result being that it would present the market a “gift” of $72 billion in new…