Articles by Steven Hansen

Weekly Review: Will Sequestor Trigger a Recession?

Economists continue to warn that austerity is not the way to go for government spending.  I am open to using austerity as one of the tools to balance an economy – just not the primary... Read >>

Weekly Review: Sequester, Tails You Lose, Heads You Lose

Co-authored this week with John Lounsbury CBO [Congressional Budget Office] requests appropriations of $45.7 million for fiscal year 2014. That amount represents an increase of $1.6... Read >>

Weekly Review: There Will Be Little Relief from High Oil Prices

Recent releases from the International Energy Agency tell of moderating growth rate of the global demand for oil – which was based on lower economic growth projections.  And promises of... Read >>

Weekly Review: Overstatements by US Census On Economic Releases

  Most readers know I have issues with the US Census headline data.  The data does not add up against itself.  When I was a negotiator, one of the tools used is to run your... Read >>

Weekly Review: What Is Happening to the Housing "Recovery"

  The nascent recovery of new and existing home sales may be losing some steam. New home December 2012 sales were the worst year-over-year gain in 2012. Pending Home December 2012... Read >>

Weekly Review: Raising Tax Levels

Of course taxation correlates to economic growth.  One could generalize and say the higher the tax rate, the slower the growth.  Yet this belief is too simplistic to be a litmus... Read >>

Weekly Review: Should We Ignore Talk of Economic Headwinds?

  What are the commonly listed headwinds to economic growth in the USA? baby boomers not spending but saving for retirement; European recession; Divided government with no... Read >>

Weekly Review: No Recession In 2012, And Unlikely Any Recession Is Coming Soon

This past  week Industrial Production ( analysis here ) finally exceeded the July peaks, and now all of the economic broad measures are at 2012 highs.  On 07 December 2012 ,... Read >>

Weekly Review: Will the Real Unemployment Situation Please Stand Up?

Ask 10 people what is the definition of unemployment, and you will get 10 different answers.  The tragedy is that it is likely no person’s definition will match the definition used in the... Read >>

Weekly Review: Income Inequality and Erosion of the Middle Class

A recent Chart of the Day entitled “The 5% Of American Households That The Fiscal Cliff Debate Is Really About” got me thinking – is the problem “really” that the rich are taxed too little? ... Read >>

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