CBO: Immigration Reform Would Cut Deficit, Boost Economy
The Senate plan would reduce the U.S. deficit by about $200 billion and increase real GDP by 3.3% in the next 10 years, according to the Congressional Budget Office.
President Romney’s Cabinet: Who Would He Choose?
If Gov. Romney wins the election, his Cabinet will take a very different direction on economic policy than Obama’s. Here are some of the choices to head those key posts.
400 Economists Endorse Romney
A former conservative official has rallied 400 economists, including five Nobel Prize winners, to sign a statement supporting Republican presidential hopeful Mitt Romney’s economic policies.
New Hire Roundup: Tiger 21 Names Garella San Francisco Chairwoman
This week in new hires, Tiger 21 named Julie Garella chairwoman of its San Francisco group, Eagle Asset Management brought in four new portfolio managers in Vermont, and Steven Young went to Citi Private Bank.
Americans Still Blame Bush for Bad Economy
A new Gallup poll shows Americans still blame George W. Bush for the nation’s ailing economy more than President Obama. Meanwhile, conservative and liberal economists debate.
Italy Next, Austrian Minister Says
Mere days after Spain received a bailout deal, wary investors and some eurozone officials turned their attention to Italy, proving that contagion fears are far from soothed.
Planning for a Long Life: Longevity Insurance and Deferred Annuities
The Treasury Department has proposed rules that may encourage consumers to purchase longevity insurance.
The Stimulus Three Years On: Did It Help the Economy?
Three years after President Barack Obama signed the stimulus bill, a jury of eminent economists is retrospectively voting its approval of the controversial stimulus measure. Still, a minority of the surveyed economists remain unimpressed with the spending bill.
New Hire Roundup: BlackRock Adds Keeley, Copeland Joins AMG
This week in new hires, Terry Keeley joined BlackRock as head of the firm’s official institutions group and John Copeland came to AMG to head up a new subsidiary...
Mugged by Reality
Editor's Note: This column has been adapted from Alexei Bayer's remarks at the Yale Club in New York City on May 5, 2009, upon acceptance...