James Pethokoukis

Why only 41 percent of Americans approve of Obama’s job performance

August 18, 2010

The latest Gallup numbers are not good for the White House or congressional Democrats. The overnight tracking has Barack Obama’s approval-disapproval rating at 41 percent-52 percent. Based on the Rahm Emanuel formulation that for every point below 50 percent, the Dems lose five House seats, it looks like the GOP will take the lower chamber. This bit from a Weekly Standard piece I did pretty much explains it:

Are Fannie and Freddie really worth it?

August 18, 2010

CNBC’s John Carney nails it right on the head:

Defenders of Fannie and Freddie insist that their role in making mortgages cheaper is vital to the market and expanding home-ownership.

Yeah, states have plenty of fat to cut

August 18, 2010

It may be long past time that US state and local governments start watching their pennies a bit more closely. As new research from George Mason University has found (bold mine):

How U.S. stimulus is being exported

August 18, 2010

Interesting to see if any politicians pick up on this argument from former Morgan Stanley economist Andy Xie: