Mark Thoma
Mark Thoma's Latest Articles | 220
Percentage Growth in Annual Wages and Salaries
[Via: On Fairy Tales about Inequality] Read More →
Republicans Don’t Mind a Payroll Tax Increase
John Kyl doesn’t mind some types of tax increases: Saturday’s Jon Kyl vs. Sunday’s Jon Kyl, by Steve Benen: On Saturday, Senate Minority Whip Jon Kyl... Read »
Third Quarter GDP Growth Revised Downward
Our not so robust recovery is weaker than first reported: Real gross domestic product … increased at an annual rate of 2.0 percent in the third quarter of... Read »
Why Hasn’t the Fed Lowered the Rate It Pays on Reserves?
I’ve been wondering why the Fed hasn’t lowered the interest it pays on bank reserves from its current value of .25 percent to zero. It probably wouldn’t... Read »
Prosecutions for Bank Fraud
More here. Read More →
Turning Our Backs on the Unemployed
Congress, Republicans and two Democrats in particular, have not received anywhere near enough criticism for this: Last week’s Senate decision to kill a modest... Read »
How Long Will It Take for the Labor Market to Recover?
To state the obvious, we need to create a lot more jobs per month than we have so far. If we continue at present rates, the unemployment rate will stay constant... Read »
Obama’s Job Bill Is Dead – Cantor
That the jobs bill is dead is not a surprise, but given the national unemployment crisis we face the lack of will and urgency in Congress to do anything about it... Read »
Recent Stimulus Will Hurt the Fed’s Credibility – Plosser
Federal Reserve Bank of Philadelphia President Charles Plosser voted against Operation Twist — the recent attempt for the Fed to help the economy — because: “The... Read »
The Incentive to Supply Bad Ideas
The CBPP notices what may be a new trend: Yet another state has proposed raising taxes on low-income residents to pay for new corporate tax breaks. Leading lawmakers... Read »







