James Pethokoukis

Imagining a V-shaped recovery and the 2010 midterms

April 12, 2010

Those who argue that Democrats might lose one or both houses of Congress are making an economic argument. Slow growth/high unemployment = angry, anti-incumbent voters. But what if the economy really perks up? First some analysis by Larry Kudlow:

After FDR’s New Deal …

April 12, 2010

The death of FDR in 1944 meant no New Deal, The Sequel. What did happen? This (via the WSJ):

Is Elmendorf’s CBO too pessimistic or is Orszag’s OMB too optimistic?

April 12, 2010

White House budget chief Peter Orszag thinks his old colleagues at the Congressional Budget Office are being too pessimistic over the potential budget savings of healthcare reform (via The Hill):