James Pethokoukis

Politics and policy from inside Washington

Unemployment rate skewing U.S. politics

October 12, 2010

Between the House passing the China currency bill (and I think the Senate may as well) and various politicians pushing for a foreclosure moratorium, one has to wonder what sort of politics/policy another year of 9-10% unemployment will generate. I am guessing China will finally emerge as the new bipartisan big bad for U.S. politics (more for economic than military reasons), while  there will probably a flurry of new housing ideas like this one proposed by economist Glenn Hubbard.

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