James Pethokoukis

The U.S. state budget shortfall in a picture

June 14, 2010

This, from the Center on Budget and Policy Priorities:

stategap

The Dirty Shirt Theory and the Keynesian Endpoint

June 14, 2010

From Ed Yardeni:

The bears are mostly, and rightly, concerned that many economies around the world are overly leveraged. They claim that both private and public debt burdens are so great now that they are depressing economic growth. This has the potential to cause a deleveraging death spiral for the global economy according to the most bearish of the bears. The bulls believe that the global economic recovery has plenty of forward momentum and is self-sustaining even if many governments are forced to implement austerity measures to placate the Bond Gods.

Bill Gates’ Big Government plan for clean energy ‘miracle’

June 14, 2010

Bill Gates and a bunch of other top corporate executives want Uncle Sam to spend a lot ┬ámore on clean energy research and development. Here’s why:

US ready may become world’s highest corporate taxer

June 14, 2010

The US has the second highest corporate tax rate among advanced economies. But maybe not for long. Tell the people the bad news, Reuters: