James Pethokoukis

Who are the unemployed?

March 7, 2011

From James Glassman of JPMorgan (the purple and red are your worrisome colors):


An artificial recovery?

March 7, 2011

IBD’s Jed Graham shows what’s supporting consumer spending these days:

Three props to personal income — higher social insurance benefits, lower tax payments and higher government wages and benefits — are adding just shy of $1 trillion to personal income on an annualized basis relative to pre-recession levels.

Obama’s hidden budget strategy

March 7, 2011

The great Jim Capretta reveals all at NRO. Here is a bit, but read the whole thing: