GDP Growth Mild, But Look To Oil For Recovery's Explanation

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Thursday May 30, 2013 · 9:25 AM PDT

2013/05/30 · 09:25

The US GDP number looks strong in light of several other data points like consumer sentiment and home prices hitting multi-year highs.

But as a consistent observer of Bonddad's economy blog, I feel the more compelling argument about GDP being stuck in low gear is about oil. Oil prices have consistently served as a choke collar on growth over the last few years, capping GDP and throttling down the economy.

uclabruin

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Tuesday October 02, 2012 · 5:54 PM PDT

2012/10/02 · 17:54

What if in the end, the infamous fiscal cliff is averted by a simple, easy, of-course-why-didn't-I-think-about-this way: a vote to raise the debt ceiling?

uclabruin

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Wednesday August 15, 2012 · 5:53 PM PDT

2012/08/15 · 17:53

Today, when asked for his comments about Romney's latest attacks on the President's record on Medicare via gchat, the President opened the latest topic of consideration...

uclabruin

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Sunday April 15, 2012 · 10:26 AM PDT

2012/04/15 · 10:26

BREAKING: The Gallup US Job Creation Index, based on a 3 day rolling average, has posted its highest mark since before the Great Recession: +24

Poll

109 votes Show Results

Will 1.5 Million be added before November 6 2012?

109 votes Vote Now!

Will 1.5 Million be added before November 6 2012?

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94 votes

15 votes

Open Letter to Jack Lew

uclabruin

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Monday January 09, 2012 · 6:14 PM PST

2012/01/09 · 18:14

Congrats Jackie boy, youre the new chief in town. Maybe my catching up on the West Wing has actually caught up to me, but from where I sit, its time for you grab this White House by the nuts and get physical.

uclabruin

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Monday October 17, 2011 · 1:36 PM PDT

2011/10/17 · 13:36

As if on cue, Obama is finding broad support for most, if not all, the proposals he has laid out in the American Jobs Act. And it looks like a way to pay for it has emerged: higher taxes on millionaires.

uclabruin

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Tuesday August 09, 2011 · 11:26 AM PDT

2011/08/09 · 11:26

Turns out a new CNN poll has the numbers for the GOP out, and they aren't pretty.

The aftermath of the debt deal and the hostage taking by the GOP is manifesting itself in public polling. This is just the beginning of what I believe will be a further deteriorating in they eyes of the public for the Republicans to be serious whatsoever in governing.

uclabruin

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Thursday August 04, 2011 · 9:09 AM PDT

2011/08/04 · 09:09

Today, Oil dropped below $90 a barrel. And there are brights spots despite mediocre to concerning economic news this morning and this week.

uclabruin

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Tuesday July 19, 2011 · 8:39 AM PDT

2011/07/19 · 08:39

I'm tired of this. I'm tired of the GOP seeming legitimate to people. I'm tired of people forgetting how they tanked this economy with their agenda, and left this mess on Obama's desk. But what I'm most tired of, is the lack of solidarity, the lack of a unified message, and I'm tired of LOSING TO THE GOP!

uclabruin

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Wednesday July 13, 2011 · 9:51 AM PDT

2011/07/13 · 09:51

Good news for the fighter from Pennsylvania, Sen. Bob Casey.

PPP has his favorables at a pretty decent 40/32, and has him trouncing his opponents. His 18 pt lead over Scaringi, and 20 pt lead over Cummings are very encouraging.

uclabruin

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Friday July 01, 2011 · 7:31 AM PDT

2011/07/01 · 07:31

The continuing crisis of states imposing draconian and inhumane immigration laws continues, and hits the main page of BusinessWeek. More states will realize the consequences, both political and economic, of implementing these types of laws that vilify immigrants and seem to scape goat many problems years in the making on the backs of people who actually contribute and make the country a better place.

Today's battlefront is Alabama, and the stupidity is coming home to roost.

uclabruin

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Saturday June 25, 2011 · 11:27 AM PDT

2011/06/25 · 11:27

So Jeff Session is apparently challenging President Obama to make the debt negotiations public. I have two words for him (not those two words).. Bring It.

Need I remind you how ridiculous Republicans look when they try to go toe-to-toe with President Obama?

You can ask John McCain. Obama did great in the health care summit, and he swatted down R's like nobody's business. Are you kidding me, you want more of this public?

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GDP Growth Mild, But Look To Oil For Recovery's Explanation

Much Ado About Nothing: The Debt Ceiling

Obama: Paul Ryan Has Endorsed My Medicare Reforms

Gallup US Job Creation: New Post-Recession High

Open Letter to Jack Lew

CNN Poll: 3/4s Support Higher Taxes on Millionaires

Poll: GOP More Unpopular Than During Clinton Impeachment

Oil Dips Below 90: Something Good Happening

Enthusiasm Gap? Trailing in the Generic Ballot? What are YOU Gonna Do About It?

PPP: Stalwart Sen. Casey Cruising

Rebuilding Alabama Hindered by Racism

Sessions Wants Debt Talks Public...Um, BRING IT