James Pethokoukis

Can Obama’s 2012 hopes survive 9%+ unemployment?

August 5, 2011

After looking at today’s anemic unemployment report, Goldman Sachs drops this H-bomb on the Obama campaign:

Washington’s next challenge

August 3, 2011

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.

More evidence U.S. economy approaching stall

August 2, 2011

The U.S. economy doesn’t like to hover. If it isn’t expanding at a 2 percent or higher annual pace, it risks slipping into recession. As I mentioned in a post last week:

A debt deal, but still plenty of fiscal uncertainty

August 1, 2011

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):

On the debt ceiling deal, direction more important than degree

August 1, 2011

If you want to read the bill yourself, here you go. And here is a nice summary from MF Global: