Our Present Crisis: Recession, Depression, Or Something More Fundamental?

The world is likely to get worse before it gets better.

Paul Krugman’s Cure For Economic Woe: An Alien Invasion

According to Paul Krugman, what the American economy needs is for a bunch of space aliens to invade us.

The Austerity Experiment

If we cannot adequately diagnose our problems it will be even harder to fix them.

Are The Good Times Really Over For Good?

Watching the news and reading the op-eds makes it clear: America is doomed.

Is There A Disconnect Between The Tea Party Agenda And Voter Priorities?

The agenda of the Tea Party movement doesn’t necessarily coincide with what voters say they want from Washington.

One Year Ago Today: “Welcome To The Recovery”

One year ago, Timothy Geithner said them things about the economy he probably wishes he could take back right now.

Obama And The Debt Deal: A Failure Of Leadership?

Once again, the debt ceiling deal is raising questions about the President’s leadership.

Manufacturing Slows In July, Stoking Slowdown Fears

Another round of economic statistics raises questions about the health of the economy.

Second Quarter GDP Shows Economy Slowing To Near-Recession Status

And you thought the bad economic news was over.

With Economic News Like This, Why Would Anyone Risk Crashing The Economy?

Economic figures released today demonstrate clearly why the irresponsible talk surrounding the debt ceiling must end.

The Impact of the U.S. Defaulting

Christine Lagarde believes the impact could be large and global.

The Debt Ceiling is a Housekeeping Procedure

The House Republicans are functionally insane.

Wall Street Journal: The House GOP’s Balanced Budget Amendment Is A Bad Idea

One of the GOP’s staunchest media allies isn’t too impressed with their Balanced Budget Amendment.

The Economy And The 2012 Elections

It isn’t just President Obama who should be worried about the economy next year.

Obama Walks Out of Talks Saying ‘Don’t Call My Bluff’

President Obama has walked out of negotiations on the debt ceiling with an agreement is nowhere in sight.

Is Washington Fighting The Wrong Economic War?

While unemployment remains stubbornly high, Washington is spending its time fighting over the budget deficit

White House To America: Pay No Attention To Those Bad Economic Numbers

The White House would really appreciate it if you didn’t pay attention to all that bad economic news.

Far-Reaching Reform On The Table At Debt Negotiations?

There’s apparently a new proposal on the table at the debt negotiations, and it looks very interesting.

Responsible Governing v. Ideological Purity

What exactly is the GOP trying to accomplish in the debt ceiling negotiations?

UCLA Forecast: More Slow Growth

More slow economic growth, the L-shaped recession.

U.S. in Worse Shape than Greece

We might be looking at a potential fiscal crisis.

Pawlenty’s “Google Test”

Pawlenty proposes the “Google test.”

Tim Pawlenty’s Fiscal Plan: Too Good To Be True

Tim Pawlenty’s new fiscal plan isn’t very grounded in reality.

The Eurozone Crisis Won’t Just Go Away

Despite what appear to be the fond hope of European central bankers that it will just all go away, something needs to be done. But what?

Tyler Cowen’s Productive Mind

A profile of George Mason economist and blogger Tyler Cowen offers this amusing description: “Cowen, 49, has round features, a hesitant posture, and an unconcerned haircut.”

Unemployment Rate Rises To 9.0%, But Economy Adds 244,000 Jobs

For the most part, April’s jobs report was good news.

Economic Growth Slows In First Quarter. What If This Is As Good As It Gets?

Will days of strong economic growth ever return? And what happens if they don’t?

Obama: Moderate 90s Republican?

Obama’s main politics are hardly as leftist as many make them out to be. Indeed, much of them could have fit well in the the GOP of 1990s and early 2000s.

More Poll Numbers (None of Them Especially Happy)

The new CBS/NYT poll is out and the numbers are not exactly happy, no matter whom you support.

Obama’s Approval Numbers Down, But He Still Leads All GOP Rivals

President Obama is vulnerable, but he’s facing a GOP field that is underwhelming even for Republicans.

Beware The Barrenness Of A Busy Tax Code

Tax compliance employs more workers than Wal-Mart, UPS, McDonalds, IBM, and Citigroup — combined.

Francis Fukuyama on Origins of Government

Francis Fukuyama: “In the developed world, we take the existence of government so much for granted that we sometimes forget how difficult it was to create.”

Obama’s Solution To Deficit: Spending Cuts, Tax Increases, Few Specifics, But A Clear Roadmap For 2012

President Obama’s budget speech was light on specifics, but that’s because it was really the opening salvo of the 2012 campaign.

Study: Rising Gas Prices Don’t Impact Consumption

A new study suggests that increases in the price of gasoline have very little impact on consumer behavior. If that’s true, it has serious implications for energy policy.

Is Lack of Investment Holding Back the Recovery?

People and businesses are sitting on cash out of fear, creating a vicious cycle.

Ben Bernanke: GOP Spending Cuts Will Not Harm Economic Growth

Speaking before Congress yesterday, Fed Chairman Ben Bernanke debunked the assertion that the GOP’s relatively modest $61 billion spending cut package would significantly harm economic growth.

The cost of doing nothing The cost of doing nothing

Less Than Zero

The Social Security “trust fund” may actually be worse than worthless.

Oil Hits $100 Per Barrel: Is The U.S. Economy Hanging In The Balance?

The continuing chaos in Libya could have a serious impact on the U.S. economy, especially if it spreads to other oil producing nations.

President Obama Drops The Ball On Deficit Reduction

President Obama’s new budget involves nothing less than a thumb in the eye of anyone who hoped he would seriously address federal spending in his first term.

Mitch Daniels At CPAC

Indiana Governor Mitch Daniels made quite an impression last night at CPAC