-
Video: Why the Dow Is Flirting With 13,000
Tweet Share on Facebook February 22, 2012 CommentCBS News recently asked me to explain why the stock market has been soaring, even though there are still major questions about the economy. Here's the clip:
-
The Return of Herman Cain--and 9-9-9
Tweet Share on Facebook February 15, 2012 Comment (4)Some public figures fade into obscurity when they're pushed off the national stage by a scandal. Not Herman Cain.
-
3 Upsides to Lousy Government
Tweet Share on Facebook February 14, 2012 CommentThe last couple of years have been a maddening time for civic-minded Americans.
-
Why Obama's Budget Doesn't Matter
Tweet Share on Facebook February 13, 2012 Comment (4)There must be at least a few White House budget writers wondering, why bother?
-
Obama's Push For an Endgame to the Financial Crisis
Tweet Share on Facebook February 10, 2012 CommentFunny what happens in an election year.
-
What Obama's Super PAC and Romney's Taxes Have in Common
Tweet Share on Facebook February 9, 2012 Comment (2)Obama's a hypocrite. Romney's a tax evader. Get used to hearing these charges, because they'll be repeated throughout the presidential campaign, with ever-increasing volume.
[See 3 myths about Mitt Romney and the rich.]
But while pondering the leading candidates' venalities, it's worth keeping one other thing in mind: Obama and Romney have made some tawdry decisions because they basically had no choice. The real culprit in some of their most controversial decisions is a set of bad rules that basically guarantees there will be questionable behavior by the candidates.
-
Obama's Common-Sense Deficit
Tweet Share on Facebook February 8, 2012 Comment (3)Lots of sensible people do foolish things. What makes them sensible is, they recognize their mistakes and do something to fix them.
-
6 Things That Could Derail the Economic Rally
Tweet Share on Facebook February 7, 2012 Comment (4)Will it last?
-
The GOP's Gloomy-Gus Problem
Tweet Share on Facebook February 6, 2012 Comment (5)What if you threw a recession and nobody came?
-
One Key Sector That's Still Shedding Jobs
Tweet Share on Facebook February 3, 2012 Comment (2)Maybe we've got ourselves a recovery after all.
The economy has now been adding jobs for 16 months in a row, with an acceleration in hiring that has surprised nearly every prognosticator. The latest jobs report shows that the economy added 243,000 jobs in January, with healthy gains in professional services, manufacturing, hospitality, and even construction. There's still a long way to go before the economy is truly healthy, but each small gain helps repair the damage caused by a crushing recession.
