Mark Thoma
Mark Thoma's Latest Articles | 220
Double Dip or Not, the Unemployed Need Help
One reason that I don’t like the framing of the “are we headed for a second dip” question is that it leads to a sigh of relief when we are... Read »
White House Debates Giving Up on Helping the Economy
The administration hasn’t figured out that it’s supposed to lead — that sometimes it’s supposed to move public opinion instead of following... Read »
The S&P Downgrade is Unwarranted
Via email, this is from David H. Levey. He was the Managing Director, Sovereign Ratings, Moody’s Investors Service, from 1985-2004: The recent S&P downgrade... Read »
The S&P Downgrade: Is the Sky Falling?
Paul Krugman on the S&P downgrade: S&P and the USA, by Paul Krugman: OK, so Standard and Poors has gone ahead with the threatened downgrade. It’s a strange... Read »
Sanctioning Extortion
We are about to sanction extortion as a legitimate Congressional negotiating strategy. Anyone think this is the last time we will see this happen? One side put a... Read »
A Balanced Budget Requirement is a Very Bad Idea
I’ve argued on many occasions that one of the big lessons we need to learn from this recession is that state-level balanced budget requirements are highly... Read »
Best Quarter-Century of Economic Performance in American History?
Richard Green: How does Michael Boskin do math?, by Richard Green: He writes in the Wall Street Journal this morning: The lower marginal tax rates in the 1980s... Read »
Obama Takes Cantor to the Woodshed
When I asked you how the president should respond to the McConnell plan, I said “my inclination would be to take this as a sign the Republicans are on the... Read »
Who Doesn’t Pay Federal Income Taxes
Bruce Bartlett talks about who does and doesn’t pay federal taxes, and notes that “the growth of the non-income-taxpaying population is largely a... Read »
Labor’s Share of Nonfarm Business Income Plummets
This graph of labor’s falling share of income explains a lot about the growing political discord in the middle and lower classes: I’ve talked a lot... Read »







