Blog Archives

Kill export subsidies. Kill the Ex-Im Bank.

wheel-loader

Imagine the Chinese government decides to help the people of Kenya. To do this the Chinese government buys 5,000 wheeled loaders and excavators from Liugong Machinery and gives them for free to the Kenyan government, Kenyan construction firms, and groups of

Posted in economy, int'l

It's not just the economy, stupid

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The U.S. economy may not be the only subject this fall, and if we drill down further we can find complexities beyond the simplistic political analysis of “Economy bad, incumbent loses.” President Obama’s economic campaign challenge is multidimensional.

Posted in economy, health, int'l

Free trade voting patterns in Congress

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In the U.S. free trade agreements pass the Congress with a broad center-right legislative alliance that includes almost all Republicans and splits Democrats roughly one-third for free trade and two-thirds against it.

Posted in int'l

Three layers of the European debt crisis

wolf

This is why American policymakers should care deeply about Europe — because if the Europeans screw it up badly, it could do serious damage to the American economy, transmitted through still flawed and vulnerable banking systems.

Posted in economy, financial, int'l

Intro to nuclear power and the Fukushima plant crisis

emergency

Thanks to both Maggie Koerth-Baker and to Evelyn and Commander Mark Mervine (ret.) for their explanations of the ongoing crisis at the Fukushima nuclear power plant. Their work blows away anything I have so far seen in the MSM.

Posted in economy, energy, int'l

What is the Strategic Petroleum Reserve (SPR)?

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Based on public information, I think it’s hard to justify an SPR release now. If a lot more supply goes offline (in Libya or elsewhere), and if the Saudis lack the spare capacity to offset that additional loss, then the President will have a tough call to make.

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Posted in economy, energy, int'l

The President's hidden trade message

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At the U.S. Chamber of Commerce yesterday the President spoke about trade: [W]e finalized a trade agreement with South Korea that will support at least 70,000 American jobs – a deal that has unprecedented support from business and labor; Democrats and

Posted in economy, int'l

The 10 most important American economic policy issues of 2010

Here is my view of the 10 most important American economic policy issues of 2010. 1.  The weak U.S. macroeconomy In 2010 a weak macroeconomy once again swamped in importance all other economic policy issues.  Forecasters had predicted a tough

Posted in budget, climate, economy, energy, financial, health, housing, industry, int'l, labor, seniors, taxes

Cliff Notes: The President's Carnegie Mellon economic speech

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I attempt to summarize the President’s 5,000+ word economic speech last week at Carnegie Mellon University.

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Posted in autos, budget, climate, economy, energy, financial, health, int'l, taxes

Chicago’s Olympic bid & the President’s trip

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I generally stick to pure economic policy issues, but will stray a bit to discuss the 2016 Olympic bid.  I am a bit of an Olympics nut, and the intersection with the Washington debate interests me. I attended two Olympics,

Posted in int'l
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