Saturday, April 30, 2016

Obama's Economic Disappointment by Kocherlakota

Obama's Economic Disappointment by Narayana Kocherlakota
In January 2009, at the beginning of Obama’s first term, the nonpartisan Congressional Budget Office issued a 10-year forecast for the U.S. economy, including such indicators as unemployment, gross domestic product, the budget deficit, government debt and interest rates. Here’s a table comparing the CBO’s expectations for the year 2015 to what has actually happened:
NGDP forecast to grow 33 percent, actually grew 22 percent.

Real GDP, forecast 20 percent, actual 10.

Friday, April 29, 2016

Tuesday, April 26, 2016

The Night Manager

I really love the Night Manager on AMC. It's brilliant. The Onion and AV Club were purchased by Univision which is imposing their Clintonoid view on their subidiaries. So no more clicking there.