alephblog.com - 13 days ago
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One other blogger took his nameplate with him — I’m not sure who; the rest left theirs. But this is what was in front of each one of us as we sat down to discuss matters at the US Treasury. Treasury officials had similar nameplates. It dictated where we would sit as well. ...
My Visit to the US Treasury, Part 1
alephblog.com 17 days ago — This will have to be brief, because I am tired. I have had to deal with family and work issues today, and only now have time to blog.
You might have seen my fanciful post, Fallowhaven, Part 1 . I wrote that because I thought I could reveal almost nothing of my visit to the US Treasury ...
My Visit to the US Treasury, Part 3
alephblog.com 15 days ago — Going back to bank stress-testing for a moment, one interesting thing that a Treasury official said at the meeting was that unemployment did not have a big effect on foreclosures. Unemployment has a big effect on credit card defaults, but not foreclosures. I disagree.
As a multi-purpose ...
My Visit to the US Treasury, Part 4
alephblog.com 14 days ago — So, who did I recommend for the next meeting at the Treasury? (I think there will be one.)
Economists View http://economistsview.typepad.com/
Cafe Americain http://jessescrossroadscafe.blogspot.com/
Market-Ticker http://market-ticker.denninger.net/
Econbrowser http://www.econbrowser.com/ ...
Some Praise and Questions for the US Treasury
alephblog.com 23 days ago — 1) Perhaps the US Treasury is getting a few things right. Let’s start with lengthening the average maturity of Treasury debt. I have backed this idea in the past . It is worthy to note that zero coupon yields peak out around 20 years out, and then start declining. It is quite possible ...
My Visit to the US Treasury, Part 6
alephblog.com 12 days ago — Now, none of us knew when we came that only bloggers were invited. Personally, I expected it to be a broader press briefing that some bloggers could come to as well. “Deep background” is well understood to the press, but new to bloggers. My blogging friends at the meeting can ...
Low Savings, Bad Investments
baselinescenario.com 9 days ago — The article below first appeared in our Washington Post column yesterday. I’m reproducing it in full here because there is an important correction, thanks to a response by Andrew Biggs . I’ve fixed the mistake and added notes in brackets to show what was fixed. Also, I want to ...
CBO’s Long-Term Projections for Social Security: 2009 Update
cboblog.cbo.gov 8/9/2009 — Today, CBO released an update of its long-term Social Security projections . The projections are qualitatively similar to those in previous CBO reports: Social Security’s annual revenues currently exceed its annual outlays, but as the baby-boom ...
Social Security: There Is No Trust; There Is No Fund
globaleconomicanalysis.blogspot.com 4/3/2009 — Social Security is back in the limelight where once again its problems will no doubt be ignored. Please consider Recession Puts a Major Strain On Social Security Trust Fund . The U.S. recession is wreaking havoc on yet another front: the Social ...
The 81% Tax Increase
forbes.com 5/16/2009 — This week, the federal government published two important reports on long-term budgetary trends. They both show that we are on an unsustainable path that will almost certainly result in massively higher taxes. The first report is from the trustees of ...
So What’s a Year Worth?
alephblog.com 5/14/2009 — When I heard the announcement on Tuesday about Social Security and Medicare, I emoted something between a grin and a grimace, and said, “A pity that I have been right on this.” I’ve always felt that Social Security and Medicare have had optimistic economic assumptions. It ...
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