James Pethokoukis

Obama deficit commission: the Bowles-Simpson edition

November 10, 2010

Erskine Bowles and Alan Simpson have put out their recommendations. Here are my quick thoughts:

Obama deficit commission shows some leg

November 10, 2010

I will get to my observations next post. But here is the money chart:

debtcommission

And if the debt ceiling isn’t raised …

November 10, 2010

Josh Barro sketches out some option if the Tea Party Republicans hold up raising the debt ceiling.

More on Obama’s reelection chances

November 10, 2010

Megan McArdle says I am being a tad too pessimistic about Obama’s reelection chances if unemployment is at 8.5 percent or higher two years from now:

Presenting your federal budget

November 10, 2010

The great graphics folks a the WaPo do another fantastic job:

wapo

Will 8.5 percent unemployment be enough to reelect Obama?

November 10, 2010

The Hill sets the economic bar awfully low:

Economists who study the labor market said this week that they expect unemployment in 2012 to average 8.5 percent, down more than a point from the 9.6 jobless rate of today. Heidi Shierholz, an economist at the Economic Policy Institute, said every forecast she has studied predicts rapid job growth in 2012, even though the national number will still be a far cry from full employment. “It’s still going to be so high in 2012, but people are going to be feeling better,” Shierholz said.

Democrats now favor the Pethokoukis ‘extend and reform’ tax plan

November 10, 2010

Evan Bayh and Kent Conrad like my “extend and reform” proposal (via the WSJ):

Not bad for government work

November 10, 2010

This (from USA Today)  will only encourage the Chris Christie Republicans:

Federal salaries have grown robustly in recent years, according to a USA TODAY analysis of Office of Personnel Management data. Key findings: