James Pethokoukis

U.S. economy still starved for credit

June 21, 2010

So says Paul Kasriel of Northern Trust: “I consider this financial sector net credit contraction the major headwind for the economy, preventing a more normal robust cyclical recovery.”

How to grow the U.S. economy

June 21, 2010

Andrew Liveris, chairman and CEO of Dow Chemical, has some ideas, which he outlines in a USA Today op-ed. Here is an excerpt followed by my take:

Rahm Emanuel headed back to Chicago?

June 21, 2010

That is the implication of this UK story about the White House chief of staff. But Marc Ambinder is dubious:

Did Goldmans Sachs just douse Dems 2010 election hopes?

June 18, 2010

Liberal pundits and economists such as Paul Krugman have no use for the White House “Summer Recovery” PR tour. (Note that it isn’t called the “Prosperity Tour.”) They continue to attack the Obama administration for worrying too much about the budget deficit and too little about high unemployment. The White House response has been three-fold.