by Terrance Heath | Dec 7, 2011 | Blog
In the past year, I've written so much about Ireland and its economy (here, here, here, here, and here) that I'm in the habit of keeping an eye out for news about Ireland, like a recent émigré looking for news of home. The thing is, I'm not Irish. (As far as I know, I...
by Terrance Heath | Dec 5, 2011 | Blog
From John Boehner's "So be it" response to concerns that GOP budget cuts would kill 200,000 federal jobs, to George Will's "That's good" response to the loss of 24,000 public sector jobs, it's no secret that the Republicans seem to think that the solution to the...
by Terrance Heath | Dec 1, 2011 | Blog, Economy
The cardinal rule of dysfunctional politics, it turns out, it identical to the cardinal rule dysfunctional families: Don't talk about it. Whether "it" is mom's boozing, dad's mistress, junior's drug problem, or sister's sex life — or any other problem that families...
by Terrance Heath | Nov 30, 2011 | Blog
The Fed’s other shoe dropped over the holiday weekend. Or perhaps it would be more accurate to say that Bloomberg news dropped the Fed’s other shoe, with a reverberating thump. It was back in August that Bloomberg revealed that the Fed gave $1.2 trillion in secret...
by Terrance Heath | Nov 28, 2011 | Blog, Economy
What if the Congressional Progressive Caucus invited the supercommittee to an ad hoc hearing on job creation, and the supercommittee didn't show up? Yesterday, I found out. On Wednesday morning, the Congressional Progressive Caucus held a hearing on what ought to be...