Tales from the Trail

Washington Extra – jumpSTART

December 14, 2010

There are 11 days to Christmas, time for Congress to do the end-of-session roll in which proposals that grew cobwebs for months and months are now heading through the chambers at breakneck speed.

Obama 2.0 still a work in progress

November 4, 2010

USA-ELECTIONS/OBAMAA reboot of President Barack Obama’s White House, dubbed “Obama 2.0″ in a New York Times magazine article, is still showing the hourglass.

Will Obama pick a CEO to replace Summers?

September 28, 2010

Who could possibly replace Larry Summers as director of the White House National Economic Council?

Washington Extra – Painful choices

September 21, 2010

When it comes to framing economic policy, it looks increasingly as though Republicans are winning the debate. Not only have they made “stimulus” almost a dirty word but there seems to be a growing feeling that deficit-financed spending is not a great way to pull the economy out of a recession.jobless Forget the conclusions of the bipartisan Congressional Budget Office about how the bailouts and stimulus of 2008 and 2009 saved millions of jobs. Forget the global consensus around the need for coordinated stimulus after the financial crisis. The American public is simply not convinced.

Washington Extra – Fears of economic stagnation

August 11, 2010

dowFear returned to global financial markets today, with stocks sinking and the dollar rising sharply on renewed worries about an economic slowdown in China and the United States. President Barack Obama met with senior economic adviser Larry Summers and “talked through some scenarios” on what was playing out around the globe, and how to keep the U.S. recovery on track.

Driving Mr. Summers on financial regulation reform, G20

June 24, 2010

USA-SUMMERS/Larry Summers, a top economic adviser to President Barack Obama, is a realist when he says “people are imperfect and we have not seen the last misjudgment.”

Time-traveling Larry Summers envisions “Mumbai Consensus”

June 2, 2010

larry2White House economic adviser Larry Summers took a break from his busy schedule on Wednesday to engage in a bit of time travel — visiting the year 2040 when much of the world is run according to a new “Mumbai Consensus”.

Is the recession over? Obama’s advisers differ

December 13, 2009

Is the economic recession over in the United States? It depends on who you ask, even among President Barack Obama’s advisers.