After looking at today’s anemic unemployment report, Goldman Sachs drops this H-bomb on the Obama campaign:
By James Pethokoukis
The opinions expressed are his own.
Reuters invited leading economists to reply to Larry Summers’ ope-d on his reaction to the debt ceiling deal. We will be publishing the responses here. Below is Reuters Breakingviews columnist James Pethokoukis’ reply. Here are responses from Laura Tyson, James Hamilton, Robert Frank, Russ Roberts, Benn Steil and Donald Boudreaux as well.
President Obama says the debt ceiling and budget deal will “begin to lift the cloud of debt and the cloud of uncertainty that hangs over our economy.” But only begin, and just barely. Consider the following questions (via IHS Global):