John Cassidy

Daily Deadline: Did Kasich Pull a Coakley?
November 03, 2011

Next Tuesday’s ballot measure in Ohio hasn’t gotten the attention that the attack on public employee unions in Wisconsin did. In fact, if it hadn’t caused Mitt Romney so much grief last week, I suspect much of Washington would be ignoring it right now. But it's still an important story -- and I noticed that its supporters are having some communications problems. First there was the statement, by pollster Neil Newhouse, criticizing a survey that showed the ballot measure to be unpopular. Newhouse's complaint?

Keynes Is Dead, Just When We Need Him
August 06, 2011

Just days after Congress averted a much-discussed debt limit crisis that some feared would produce a market crash and an economic catastrophe, older fears of a “double-dip” recession have quickly reemerged. So what, if anything, can our gridlocked political system, already ensnared in the complex deficit-reduction doomsday machine created by the August 1 deal, do to head off or mitigate another crisis?  Some observers are predicting that an aroused public or chastened politicians will suddenly rediscover the merits of good old-fashioned Keynesian fiscal stimulus measures.

Stop Blaming Wall Street
July 14, 2011

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Stop Blaming Wall Street
July 13, 2011

As the U.S. economy fails to recover, there is a growing fear that the United States has entered a phase of long-term decline. Conservatives blame “big government” for throttling entrepreneurship; liberals tend to take aim at Wall Street.

Hedging America
January 12, 2010

Robert M. Solow: What are large banks even good for?

Is Cost Control a Joke?
November 06, 2009

For all of the crazy arguments against health care reform, a few of them are entirely sensible--and worth taking seriously. As I write in my latest Kaiser Health News column, which appeared on TNR’s home page yesterday, one of those is the worry that Congress won’t follow through with promises to raise the revenue--or find the savings--necessary to finance expansions of health insurance. In other words, Congress may pass a law calling for reductions in Medicare expenditures or raising an assortment of new taxes.

Free Larry Summers
April 01, 2009

On a typical day, Larry Summers, the top White House economic adviser, sits in his office overlooking the Rose Garden and receives a near-endless succession of aides working on a stunning variety of issues. In a single, several-hour bloc, Summers might have meetings on housing, the auto industry, health care, technology policy, and the financial crisis, all of which he’s exploring in subatomic detail.

Free Larry Summers
April 01, 2009

Why the White House needs to unshackle its economic oracle.