Tag Archives: vice president
stop-go

Many mixed signals

The President and Vice President have this week sent mixed and confusing signals on the macroeconomic picture. This seems to be part of a broader problem with the Administration’s ability to send clear, coordinated, and internally consistent signals on economic policy.

Read more
humpty-dumpty

Scrambling for a macroeconomic message

Provoked by the Vice President’s comment on Sunday that the Administration “misread the economy,” the Obama Administration is partway through an unplanned shift in their topline economic message. It’s hard to reconcile a “stay the course” strategy with (a) new bad data, (b) “we misread the economy” and (c) “we had incomplete information.”

Read more
unemploymentratejune091.png

Misreading the economy

The Vice President says that “We and everyone else misread the economy,” and that “No one anticipated, no one expected that that recovery package would in fact be in a position at this point of having to distribute the bulk of money.” This is inaccurate.

Read more

Follow

Get every new post delivered to your Inbox.

Join 5,648 other followers