AEIdeas

The public policy blog of the American Enterprise Institute

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Discussion: (3 comments)

  1. E. Goldstein

    Since the official unemployment rate does not count those who have quit looking (real unemployment > 13%), without the Obamanomics uncertaintyfactor would the economy have recovered to the point that the real and official rates would be close as they normally (pre Obamanomics) are?

  2. Michael P. Stein

    I am having a hard time understanding how Mr. Pethokoukis reached one of his conclusions. For anyone who believes that solving the immediate employment crisis is more important than solving the long-term problem of people without access to health insurance, his comment about the health plan is reasonable. It did create uncertainty for businesses about how much they will be paying for health care after the changes.

    However, both sides of the aisle agreed about keeping the Bush tax cuts for families making under $250,000 (less for singles). I fail to see how the uncertainty of the relatively small number of people (perhaps 4% of the population) whose taxes would increase could have that serious an impact.

  3. Here’s where we call out Jim and the entire AEI for their economic credentials.

    POINT BLANK: HOW DO YOU BENCHMARK “UNCERTAINTY” AS AN ECONOMIC METRIC?

    This I gotta hear.

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