Steven Spielberg and Tom Hanks at the White House
Every seat of the White House Movie Theater was taken by, in Tom Hanks’ memorable words, "some sort of honcho and big shot" on Thursday evening for a screening of the first episode of HBO’s new miniseries The Pacific. Produced by Hanks and Steven Spielberg, the 10 part series tells the story of the brave Americans who fought in [...]
Amending the Spending
This week, a trio of fiscally conservative House Republicans
released a document painting a dire picture of the country’s
finances. “Over the last five years,” they write, “federal
spending has increased from nearly 20 percent as a share of the
economy to 24.7 percent as the government’s expenditures
[...]
About those roses
I wrote here at length about “The Subject Was Roses” last year after I saw author Frank Gilroy’s grandson Sam on stage at the Moore Theater in Dartmouth’s Hopkins Center. Meeting up with the author when he visited Dartmouth in 1971 for a screening of “Desperate Characters,” a film he had produced and directed [...]
The Coming Crash of 2011
Americans no longer remember the concept of the “business cycle.”
For centuries, market economies have periodically turned down,
and then turned back up. The recovery from such downturns is
natural for a market economy. Every morning, at least some of the
unemployed get up and look for work. Businessmen [...]
Economic Policy in the First Year of the Obama Administration
Ed. Note: Join Romer for the last of our year-in-review online video chats at 12:00 PM EST. Watch at WhiteHouse.gov/live or join the discussion through Facebook.
The past year has been one of enormous challenges for the American economy. President Obama took office at a time of economic crisis. The economy was losing jobs at a rate of [...]
Down With Obamunism
Senator Judd Gregg (R-NH) is retiring from Congress this year.
Congressman Frank Wolf (R-VA) should do so as well. The two are
sponsoring a bill with Senator Kent Conrad (D-ND) and that “Blue
Dog” con artist Congressman Jim Cooper (D-TN) for a Deficit
Commission. This is the worst legislation [...]
