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Inflation moving ‘a baby step’ in the right direction? Here’s what Wall
Street economists expect from this week’s big reports.
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After a quiet week for U.S. economic indicators, this week will ramp up
with Wednesday’s release of the key April consumer price index.
39 minutes ago
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AS IN THE AXIS OF EVIL, ...Nixonland. The book is about the “separate and irreconcilable fears” over the past 50 years that have come to define the increasingly acrimonious cohabitation of Americans on the left and on the right. I assume Obama turned to it for insight about how he might help turn down the volume in our political conversation. But there’s also a story in Nixonland about how the Democratic Party wins, why it loses and the good things that happen when the party gets the formula right. I surely hope Obama did not miss it.
It concerns the two major axes upon which major national elections get fought. Sometimes they become battles over the cultural and social anxieties that ordinary Americans suffer. Other times they are showdowns about middle-class anxieties when the free market fails. Normally, in the former sort of election, Republicans win. In the latter, Democrats do — as we saw in 2008, when the tide turned after John McCain said “the fundamentals of the economy are strong.”
Read more: http://swampland.time.com/2011/08/18/how-democrats-win-defending-the-social-safety-net/#ixzz1XZwUNIQ4
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