A Clear Explanation of the Obama Tax Plan

This is brilliant, and the White House should have done it a long time ago.

‘Woman CEO’ to Replace Summers?

Yesterday, Larry Summers — former Harvard president and lauded economist — announced he will leave his position as the head of the National Economic Council at the end of the year. Cue the rabid speculation over who might replace him.

Hindsight on Risky Mortgage Products

Guess who wrote this and when:

“We are sitting on a time bomb,” the mortgage analyst said — a huge increase in unconventional home loans like balloon mortgages taken out by consumers who cannot qualify for regular mortgages. The high payments, he continued, “are just beginning to come due and

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Romer on Why the Government Should Do More

I highly recommend that anyone with interest in economics read the full text of the speech (PDF) Christina Romer, outgoing head of the Council of Economic Advisers, gave yesterday. It is personal and hardly academic — very easy to get through — and both the best full-throated defense of More…

Romer’s Farewell Speech

Today, Christina Romer leaves her post as the head of the Council of Economic Advisers to return to the West Coast. The economist was among the most liberal in the White House, routinely pushing for more stimulus and government aid to help the ailing economy. In her last remarks as More…

Council of Economic Advisers Estimates Stimulus Saved 2.2 Million Jobs

Today, the White House Council of Economic Advisers released their latest quarterly report on the stimulus and estimated that the American Reinvestment and Recovery Act has increased total employment by between 2.2 and 2.8 million jobs — with tax cuts and income support saving or creating approximately half of More…

A Strange Choice of Words From the White House on the Public Option

Here’s a curious piece of the health reform speech delivered today by Christina Romer, who heads the White House Council of Economic Advisers, at the Center for American Progress:

A public health insurance option would be a credible entrant in concentrated markets, and would serve as a competitive,

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