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Obama Likely to Announce New Chief Economic Adviser Friday

by | Jan 5, 2011 | Towing

President Barack Obama will likely name a new chief economic adviser to replace Lawrence Summers later this week as his administration looks for more effective ways to reduce an unemployment rate that remains near 10%, the Asso…

Job Growth Is Likely Next Year. The Question Is: How Much?

by | Dec 30, 2010 | Towing

Economists generally expect employers to steadily add more workers in 2011, perhaps as many as 250,000 a month by year-end. However, with so many long-term unemployed returning to the market, the jobless rate could still outpac…

The Compromise Tax Bill: Why Something Was Better Than Nothing

by | Dec 17, 2010 | Towing

If a compromise by definition is a deal that pleases no one, then the tax deal that cleared Congress Thursday was a rousing success: Conservatives and liberals both dislike it, but those who voted for it agreed that the alterna…

The Compromise Tax Bill: Why Something Was Better Than Nothing

by | Dec 17, 2010 | Towing

If a compromise by definition is a deal that pleases no one, then the tax deal that cleared Congress Thursday was a rousing success: Conservatives and liberals both dislike it, but those who voted for it agreed that the alterna…

How Many Jobs Will Obama’s Tax Deal Create or Save? At Least One

by | Dec 17, 2010 | Towing

The $858 billion compromise tax bill passed the House Thursday at midnight, and is on its way to President Obama’s desk. With its passage, and the GDP growth it will propel, his reelection is more in the bag than ever. What eff…

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