Keyword: cea

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  • Five key senators abandon online piracy bills amid Web protests

    01/18/2012 3:08:55 PM PST · by abb · 34 replies
    The Hill ^ | January 18, 2012 | Brendan Sasso and Gautham Nagesh
    Congressional support for controversial online piracy legislation eroded dramatically on Wednesday in the face of an unprecedented online protest supported by tech titans such as Google, Wikipedia and Facebook. Several key senators withdrew their support from the Senate's Protect IP Act (PIPA), including Tea Party favorite Sen. Marco Rubio (R-Fla.) and Sen. Roy Blunt (R-Mo.), an elected member of his party's leadership. Sen. John Cornyn (R-Texas), who leads the Senate GOP's campaign team, said the legislation should be put on hold, while Sen. Orrin Hatch (R-Utah), a sponsor and the ranking member of the Senate Finance Committee, retreated from the...
  • Academia: For Democrats Only

    12/01/2011 8:32:06 AM PST · by Academiadotorg · 4 replies
    Accuracy in Academia ^ | November 28, 2011 | Malcolm A. Kline
    In what might be a record, 22 Obama Administration officials have already left the government for academia. Two cabinet officials are in this mix. Interestingly, both held the same position—chair of the Council of Economic Advisors (CEA). Another interesting note is that of the aforementioned group, seven, or about one-third of the total—decamped for Harvard. Yet and still, there is at least one indication that the exodus continues unabated.
  • In wake of quake, Californians would benefit most from ‘Affordability Act’

    09/15/2011 6:01:54 PM PDT · by Tolerance Sucks Rocks · 9 replies
    The Washington Times ^ | September 14, 2011 | Tim Devaney
    With the East Coast earthquake still a fresh memory, lawmakers on Capitol Hill are pushing a bill designed to cut rates so more homeowners can afford quake insurance coverage, but the scope of the plan remains a big question mark with critics arguing that California would be the big winner at the expense of the rest of the nation. The nonprofit California Earthquake Authority is pushing the “Earthquake Insurance Affordability Act” that it says would cut rates by as much as 20 percent for homeowners. It also could leave the federal government on the hook for up to $5 billion...
  • Now they tell us...

    01/21/2011 11:48:07 AM PST · by jazusamo · 2 replies
    American Thinker ^ | January 21, 201`1 | Steve McCann
    It appears that upon leaving the Obama White House one undergoes an epiphany somewhat akin to St. Paul on the road to Damascus.  This is particularly true for the economic team that the President chose.  Last fall at a luncheon announcing her leaving the chairmanship of the Council of Economic Advisors, Christina Romer admitted that she and the council made serious errors in their assumptions, that the stimulus failed and taxes should be cut to stimulate economic growth.  However, during her tenure as Obama's chief economist, she faithfully toed the company line and was there to support the policies...
  • White House says stimulus package exceeds jobs goal ("Recovery Act" Hugh Succe$$ by some measures?)

    11/18/2010 7:13:00 PM PST · by NormsRevenge · 24 replies
    Reuters on Yahoo ^ | 11/18/10 | Jeff Mason
    WASHINGTON (Reuters) – President Barack Obama's $814 billion stimulus package has "by some measures" exceeded its goal of saving or creating millions of jobs, the White House Council of Economic Advisers said on Thursday. In its fifth quarterly report on the "Recovery Act" passed by Congress shortly after Obama took office in January 2009, the CEA said the package added 2.7 percent to third-quarter GDP growth and raised employment by 2.7 million to 3.7 million jobs. "The report shows that the Act played a key role in changing the trajectory of the economy," the CEA said in a statement accompanying...
  • Attack ad goes nuclear

    09/26/2010 7:25:12 PM PDT · by Tolerance Sucks Rocks · 29 replies
    The Denver Post ^ | September 26, 2010 | Vincent Carroll
    It's such a respectable name for an outfit dedicated to character assassination: Accountability for Colorado. With such respectable men and women behind the respectable front, too. They include two of Colorado's richest citizens, Tim Gill and Pat Stryker, as well as the Colorado Education Association, the AFL-CIO and the corporate leadership of Xcel Energy and Comcast. Gill and Stryker each gave the independent political committee $75,000 in recent months — pocket change for them, perhaps, but serious political money — while the CEA chipped in $105,000, the AFL-CIO $50,000, and Xcel and Comcast 10 grand each. For what purpose? In...
  • Chairman of Obama Council of Economic Advisers Austin Goolsbee: "Get used to high unemployment"

    09/13/2010 8:48:38 AM PDT · by SeekAndFind · 21 replies
    Hotair ^ | 09/13/2010 | Ed Morrissey
    It’s a darned good thing that Austan Goolsbee is “young, energetic, and looks good on TV,” because otherwise this would look a lot like Jimmy Carter’s “Malaise” speech. Chris Wallace tries to get Goolsbee to discuss what kind of changes have been made to White House economic forecasts in 2010, while Goolsbee wants to talk about how difficult it was … in 2007, in Europe, or anywhere else than the US after almost two years of the Obama administration policies. The big takeaway is that Goolsbee and the White House expect no appreciable decline in the unemployment rate for the...
  • Public education: Heroic bellyachers

    05/24/2010 3:26:32 PM PDT · by Graybeard58 · 12 replies · 327+ views
    Waterbury Republican-American ^ | May 24, 2010 | Editorial
    If some teachers were heroic, so-called by one "town leader" in Connecticut in a recent published report, because they took a pay freeze this year or next, what term describes all the private-sector people who have taken pay cuts or lost their jobs in the Chris Dodd Bear Market and Recession so public-sector unionists could remain employed? The Connecticut Education Association asserts that of the 69 three-year contracts its affiliates negotiated this year, 44 froze wages for one year. Moreover, the CEA whines, union members are paying more for their health insurance. But how many of those contracts also froze...
  • 4G war, conflicts of interest loom behind possible DTV delay

    01/14/2009 5:56:36 PM PST · by Perdogg · 13 replies · 974+ views
    Arstechnica ^ | By Julian Sanchez | Published: January 14, 2009 - 05:45AM CT
    Last week, President-elect Barack Obama's call for a delay in the Digital TV transition, long scheduled for February, sent tech and telecom firms into a tizzy. Both Verizon and the Consumer Electronics Association have been pushing back hard against any postponement of the move from analog to digital broadcasting, while AT&T has joined the Consumers Union and several prominent Democratic legislators in supporting the call to give the troubled transition more time. Among those with a vested interest in the debate over a DTV delay is Clearwire, which has been racing to deploy its 4G WiMAX networks ahead of competitors...
  • A Flood of Bad Immigration Numbers

    05/31/2006 4:59:45 AM PDT · by Tolerance Sucks Rocks · 51 replies · 1,189+ views
    Cato Institute ^ | May 30, 2006 | Daniel T. Griswold
    The debate in Washington over reforming America's immigration laws has produced not only heated rhetoric but a few fantastic claims. Few are wilder than a prediction from a well-known think-tank that the reform bill just passed by the Senate will result in 103 million legal immigrants to the United States during the next 20 years. In a "Web Memo" from the Heritage Foundation, author Robert Rector claims that the Hagel-Martinez immigration bill (S. 2611) would unleash a flood of chain migration that would overwhelm America's capacity to absorb so many people. He calculates that the bill would not only allow...
  • Dynamic Scoring

    03/24/2006 8:06:11 PM PST · by JR Reyling · 19 replies · 511+ views
    Dynamictaxscoring.com ^ | March, 2006 | JR Reyling
    BackgroundWhy do I care about Dynamic Scoring? If you pay taxes and care about long term economic growth, you should become familiar with the concept of Dynamic Scoring. Today, Congress projects funding increases from a tax rate change without regard to impacts on incentives and economic behavior. The costs associated with lost incentives can be 17% of lifetime consumption as will be seen in the social security case study. The process of static scoring opaquely measures the impact of tax rate changes. While Static versus Dynamic Scoring may sound arcane at first, they boil down to accurately and transparently measuring...
  • WSJ: Search for Fed Chairman Widens - Beyond The 3 Main Candidates; Lawrence Lindsey Emerges

    08/04/2005 5:26:27 AM PDT · by OESY · 11 replies · 576+ views
    Wall Street Journal ^ | August 4, 2005 | GREG IP
    The White House search for a successor to Federal Reserve Chairman Alan Greenspan, who is scheduled to retire in January, has intensified.... [T]he three candidates cited most frequently have been economists Martin Feldstein of Harvard University, Glenn Hubbard of Columbia University and Ben Bernanke, chairman of President Bush's Council of Economic Advisers. But the White House also is looking at other candidates, including former Bush adviser Lawrence Lindsey, said several people familiar with the process. They said the White House hasn't rejected the three main candidates but doesn't want to limit its choice prematurely. There appears to be no clear...