James Pethokoukis

Can America grow its way out of its debt problems? No

March 9, 2011

That’s the question CNBC’s Larry Kudlow asked House Budget Chairman Paul Ryan yesterday, which resulted in a fascinating exchange:

When US debt payments consume all America’s revenue

March 9, 2011

Another scary chart from Mary Meeker’s USA Inc. report:

meeker1

The Anti-Appropriations Committee

March 8, 2011

The U.S. lawmaking process is completely rigged toward favoring increases in federal spending rather than cuts. Sen. John Thune recently introduced a bill that would go a long way in tilting the playing field back the other direction.

Who are the unemployed?

March 7, 2011

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

Graphic

An artificial recovery?

March 7, 2011

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

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:

The long walk back

March 4, 2011

WH economic adviser Austan Goolsbee:

The 0.9 percentage point drop in the unemployment rate over the past three months is the largest such decline since 1983, and it has been driven primarily by increased employment, rather than falling labor force participation.

America, what’s gone wrong? I think it’s this

March 4, 2011

No one chart could sum up everything gone wrong with the U.S. economy, but this one comes close to showing America’s misplaced priorities:

Kudlow: Rising oil prices aren’t a big problem … yet

March 4, 2011

The Great One, Larry Kudlow, on the rise in oil prices:

In any event, I side with clear-eyed Wall Street forecaster John Ryding, who believes the $10 or so oil-price hike will reduce real growth by only one-quarter of a percent while adding a like amount to inflation. Ryding expects 3.5 percent growth this year.

Matt Miller vs. Paul Ryan

March 4, 2011

Over at the WaPo, the great Jennifer Rubin takes Matt Miller to task for his completely unfair and wrongheaded critique of Paul Ryan.  See, Matt Miller has a thesis shared by many in the MSM and center-left think tank community. It goes like this: