November 24, 2012

2013 Is Starting to Look Like 1937

Amity Shlaes, Bloomberg

Will 2013 be 1937? This is the question many analysts are posing as the stock market has dropped after the U.S. election. On Nov. 16, they noted that industrial production, a crucial figure, dropped as well.

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TAGGED: economy


November 16, 2012
The U.S. Needs Debt Relief
Mike Konczal, Boston Review
This article leads off our debate on debt relief, with responses from Dean Baker, G. Marcus Cole, Tamara Draut, Louis Hyman, Jacob S. Hacker and Nathaniel Loewentheil, Mark A. Calabria, Robert C. Hockett, and Barbara H. Fried. more ››
November 15, 2012
Which Hurt More: Tax Hikes or Spending Cuts?
Garett Jones, Econlog
Tax hikes, according to IMF research praised by Paul Krugman. more ››
November 15, 2012
Why the Recovery's Been So Slow
Congressional Budget Office
The U.S. economy has grown slowly since the deep recession in 2008 and 2009, which was triggered by a sharp drop in house prices and a subsequent financial crisis. During the three years following the recession (that is, the... more ››
November 15, 2012
California Is a Preview of Obama's America
Joel Kotkin, New Geography
Conservatives of the paranoid stripe flocked to the documentary “America: 2016” during the run up to the election, but you don’t have to time travel to catch a vision of President Obama’s plans for... more ››