Grassley's retreat to only one-year extension may be part of a broader retreat for pro-growth policy.
Donald L. Luskin
A Setback for Extending the 2003 Tax Cuts
Wednesday, November 9, 2005
Thursday, November 3, 2005
Energy and consumer themes, Bush one year after, looking to 2006, and extending the 2003 tax cuts.
Quag Miers for the Fed
Monday, October 24, 2005
Handicapping how a dysfunctional White House will select the next Greenspan.
Attack of the Kohn-heads
Wednesday, October 12, 2005
The emergence of deficit-hawks on the FOMC presents a new prospect for monetary policy risk.
What's Spooked Stocks?
Friday, October 7, 2005
Already nervous stocks have been discounting deepening political risks.
Wednesday, October 5, 2005
The pro-energy and anti-consumer consensus is ripe for reversal.
Monetary Step Forward, Fiscal Step Backward
Thursday, September 29, 2005
Grassley puts tax cuts at risk, while Greenspan gives himself one more vote.
The McCain Mutiny
Friday, September 23, 2005
A deficit hawk has emerged as the unlikely man at the margin on tax cuts.
So Far So Good
Thursday, September 15, 2005
Pro-growth policy is still on track, despite post-Katrina economic and spending shocks.
Tuesday, September 6, 2005
The post-Katrina risks to markets are mostly political, not economic.