It's simple arithmetic -- failure to extend today's tax rates will cause a new recession.
Donald L. Luskin
Dialing Down the Drama at the Fed
Thursday, September 16, 2010
Gold's new highs means the Fed's reflation campaign is already starting to work.
Tax Cut Chicken
Thursday, September 9, 2010
Forget stimulus. Focus on the high stakes poker over extending the Bush era tax rates.
On the August Jobs Report
Friday, September 3, 2010
This morning's jobs report should be the cure for double-dipsomania.
On Bernanke at Jackson Hole
Friday, August 27, 2010
A Hoenig snub and a dovish speech, restoring discipline and paving the way to more ease.
When PhD's Attack
Wednesday, August 25, 2010
Markets will flail until the academics who run the Fed stop theorizing and get real.
No Exit Cuts Both Ways
Thursday, August 12, 2010
Wednesday's shock in global markets reminds us: always a crisis, always more reflation.
On the August FOMC
Tuesday, August 10, 2010
It was not quite the least the Fed could do, but they did it. There's more to come.
On the July Jobs Report
Friday, August 6, 2010
Another expansionless month for jobs in an ongoing "expansionless recovery."
What Should the Fed Do?
Thursday, August 5, 2010
There's one policy option for next week's FOMC that would be both powerful and gradualist.