As the threat of the so-called "financial sequester" looms nearer and nearer, we should all try to look on the bright side: We are getting way better at coming up with cool names for financial crises.
This is the time for philanthropy and the wider nonprofit community to talk about what we have learned from the recession as a starting point for confronting continued uncertainty and this next set of challenges.
Obama's budget does not hammer the poor. The GOP's counter to it would. Obama's proposals as they now stand are the only ones that keep the poor from barreling over the fiscal cliff.
$1-billion-a-day figure estimating the costs of the Port of Los Angeles/Port of Long Beach strike was trotted out quickly and promoted widely, because it's attention-getting. And possibly, because it serves certain political objectives. But it's not accurate.
Whether reforms follow or not, the uncovering the true meaning of what our leaders do, has irresistible appeal in-and-of itself. No wonder impact analysis has become almost an academic obsession to the new generation of economists.
If both candidates have voted overwhelmingly with their party do you want the one who voted with Bush 90% of the time or the one who voted against Bush 96% of the time?