Extending unemployment insurance

Some have been arguing that the growth package should extend the availability of unemployment insurance (UI) benefits.

I’d like to cover three points in response:

1. Unemployment benefits have never before been extended when…

President Bush vetoed the farm bill

I wrote the following last Wednesday evening, in anticipation of a straightforward farm bill veto. Little did I know the procedural snafu that would arise.

I have since edited it and written a follow-up. I will send the follow-up email soon…

President Bush discusses his Administration’s plan to assist automakers

President Bush spoke at 9:01 AM this morning in the Roosevelt Room, announcing his plan to aid two U.S. auto manufacturers. Here are his remarks.

THE PRESIDENT: Good morning. For…

USA Today op-ed: Keep taxes low

USA Today editorializes today against making the tax cuts permanent, and includes an opposing view from me.

I’ll include both here. I’ve learned that he who writes the opposing view is at a disadvantage, in that they get to see what I wrote, but…

Are banks hoarding taxpayer investments?

We’re getting questions about whether banks that receive taxpayer funds from the Treasury are “hoarding” that cash, rather than using it to support lending.

A “second stimulus?”

We are frequently asked whether there should be a “second stimulus” bill. Unfortunately, what is being considered on Capitol Hill is a very different animal from what we did earlier this year.

10-second macroeconomic review