Susan Hering
Susan Hering
among change
I think that we have had a very pronounced change in risk-taking among lenders in the U.S..
almost assumes benefit breaks conference congress forecast grow medicare schedule spending tax
This forecast unrealistically assumes that discretionary spending will grow only with inflation, that all expiring tax breaks will expire on schedule -- they almost never do -- and that Congress will not enact the prescription drug benefit for Medicare that a House-Senate conference is now debating.
according expect figures headline hiring judged less markets principles usual whether
We expect markets to focus, as usual, on headline hiring and the jobless rate. Whether these figures should be judged according to the usual principles is less clear, however.
economy fact matter moves strange stranger
The fact of the matter is, the economy moves in strange ways, and politicians move in even stranger ways.