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<title><![CDATA[Neil Irwin - Articles - RealClearPolitics]]></title><link>http://www.RealClearPolicy.com/authors/rss/archive/16001.xml</link><description><![CDATA[Neil Irwin]]></description><category domain="16001">Author</category><item>
							<title><![CDATA[What to Make of a Topsy-Turvy Bond Market]]></title>
							<link>http://www.nytimes.com/2015/05/21/upshot/what-to-make-of-the-topsy-turvy-bond-market.html?_r=0&amp;abt=0002&amp;abg=1</link>
							<guid><![CDATA[http://www.nytimes.com/2015/05/21/upshot/what-to-make-of-the-topsy-turvy-bond-market.html?_r=0&amp;abt=0002&amp;abg=1]]></guid>							
							<pubDate>Sat, 23 May 2015 00:00:00 -0500</pubDate>
							<author>Neil Irwin</author>
							<description><![CDATA[]]></description>
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							<title><![CDATA[Why Americans Don't Want to Soak the Rich]]></title>
							<link>http://www.nytimes.com/2015/04/19/upshot/why-americans-dont-want-to-soak-the-rich.html?ref=todayspaper&amp;abt=0002&amp;abg=0</link>
							<guid><![CDATA[http://www.nytimes.com/2015/04/19/upshot/why-americans-dont-want-to-soak-the-rich.html?ref=todayspaper&amp;abt=0002&amp;abg=0]]></guid>							
							<pubDate>Sun, 19 Apr 2015 00:00:00 -0500</pubDate>
							<author>Neil Irwin</author>
							<description><![CDATA[]]></description>
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							<title><![CDATA[The Gruber Controversy &amp; DC's Dirty Little Secret]]></title>
							<link>http://www.nytimes.com/2014/11/13/upshot/the-jonathan-gruber-controversy-and-washingtons-dirty-little-secret.html?abt=0002&amp;abg=0&amp;_r=0</link>
							<guid><![CDATA[http://www.nytimes.com/2014/11/13/upshot/the-jonathan-gruber-controversy-and-washingtons-dirty-little-secret.html?abt=0002&amp;abg=0&amp;_r=0]]></guid>							
							<pubDate>Fri, 14 Nov 2014 00:00:00 -0600</pubDate>
							<author>Neil Irwin</author>
							<description><![CDATA[Suppose that Congress decides that everyone in America should have an iPhone. There are two ways it can do this:1) The government could allocate money to buy all Americans iPhones.2) The government could require that everybody buy an iPhone but create a tax credit equivalent to the price of the phone.]]></description>
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							<title><![CDATA[6 Years Later, We're Still Litigating the Bailouts]]></title>
							<link>http://www.nytimes.com/2014/10/05/upshot/six-years-later-were-still-litigating-the-bailouts-heres-what-we-know.html?ref=todayspaper&amp;_r=0&amp;abt=0002&amp;abg=1</link>
							<guid><![CDATA[http://www.nytimes.com/2014/10/05/upshot/six-years-later-were-still-litigating-the-bailouts-heres-what-we-know.html?ref=todayspaper&amp;_r=0&amp;abt=0002&amp;abg=1]]></guid>							
							<pubDate>Sun, 05 Oct 2014 00:00:00 -0500</pubDate>
							<author>Neil Irwin</author>
							<description><![CDATA[]]></description>
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							<title><![CDATA[Why Middle Class Isn't Buying Talk of Good Times]]></title>
							<link>http://www.nytimes.com/2014/08/21/upshot/why-the-middle-class-isnt-buying-talk-about-economic-good-times.html?rref=upshot&amp;abt=0002&amp;abg=1</link>
							<guid><![CDATA[http://www.nytimes.com/2014/08/21/upshot/why-the-middle-class-isnt-buying-talk-about-economic-good-times.html?rref=upshot&amp;abt=0002&amp;abg=1]]></guid>							
							<pubDate>Thu, 21 Aug 2014 00:00:00 -0500</pubDate>
							<author>Neil Irwin</author>
							<description><![CDATA[For five years, the United States economy has been expanding at a steady clip, the stock market soaring, the headlines filled with talk of recovery. Yet public opinion polling shows most Americans still think the economy is pretty miserable.What might account for the paradox? New data from a research firm offers a simple, frustrating answer: Middle-class American families&rsquo; income is lower now, when adjusted for inflation, than when the recovery began half a decade ago.]]></description>
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							<title><![CDATA[The Beginning of the End for the Redskins?]]></title>
							<link>http://www.nytimes.com/2014/06/19/upshot/is-this-the-beginning-of-the-end-of-the-redskins-team-name.html</link>
							<guid><![CDATA[http://www.nytimes.com/2014/06/19/upshot/is-this-the-beginning-of-the-end-of-the-redskins-team-name.html]]></guid>							
							<pubDate>Thu, 19 Jun 2014 00:00:00 -0500</pubDate>
							<author>Neil Irwin</author>
							<description><![CDATA[We can only guess the exact volume and color of the steam coming out of Daniel Snyder&rsquo;s ears right about now. Wednesday morning, the United States Patent and Trademark Office canceled the trademark for the Washington Redskins, the pro football team that Mr. Snyder owns &mdash; and that he has steadfastly refused to rename, amid accusations that its mascot is racist.]]></description>
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							<title><![CDATA[Is Easy Money Creating a New Wave of Bubbles?]]></title>
							<link>http://www.washingtonpost.com/blogs/wonkblog/wp/2013/04/11/is-easy-money-creating-a-new-wave-of-bubbles/</link>
							<guid><![CDATA[http://www.washingtonpost.com/blogs/wonkblog/wp/2013/04/11/is-easy-money-creating-a-new-wave-of-bubbles/]]></guid>							
							<pubDate>Fri, 12 Apr 2013 00:00:00 -0500</pubDate>
							<author>Neil Irwin</author>
							<description><![CDATA[Trillions of new dollars, euros, yen and pounds are sloshing around the global financial system, a result of extraordinary efforts by the leading central banks over the last several years to try to yank their economies out of their long slump. And it has to go somewhere. Will that somewhere wind up being a new set of financial bubbles that pop and send us back where we started?That&rsquo;s the fear of a wide range of financial commentators and some of the central bankers themselves. It&rsquo;s one of the most crucial questions facing the generation of central bankers taking charge now, and one with consequences for everyone on Earth. With a new report out Thursday, the International...]]></description>
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							<title><![CDATA[How the Central Bankers Saved the World]]></title>
							<link>http://www.washingtonpost.com/business/three-days-that-saved-the-world-financial-system/2013/03/28/d5b9a38c-94ef-11e2-b6f0-a5150a247b6a_story.html?hpid=z1</link>
							<guid><![CDATA[http://www.washingtonpost.com/business/three-days-that-saved-the-world-financial-system/2013/03/28/d5b9a38c-94ef-11e2-b6f0-a5150a247b6a_story.html?hpid=z1]]></guid>							
							<pubDate>Mon, 01 Apr 2013 00:00:00 -0500</pubDate>
							<author>Neil Irwin</author>
							<description><![CDATA[The BlackBerrys all started buzzing, just before dinner was to begin at the Palacio da Bacalhoa, a 15th-century estate outside Lisbon. The 21 men and one woman charged with charting the course of Europe&rsquo;s economy looked down to find startling news that evening of May 6, 2010.Across the Atlantic, the U.S. stock market had plummeted. In only 15 minutes, the Dow Jones industrial average had fallen about 1,000 points, razing the stock prices of some of America&rsquo;s biggest companies to a single penny. It would later be known as the &ldquo;flash crash&rdquo; and would be chalked up to strange technical factors. But in the heat of the moment, it flashed a different sort of danger. To the...]]></description>
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							<title><![CDATA[Great News on Jobs: 236K Added to Payrolls]]></title>
							<link>http://www.washingtonpost.com/blogs/wonkblog/wp/2013/03/08/great-news-on-jobs-unemployment-rate-falls-to-7-7-236k-added-to-payrolls/</link>
							<guid><![CDATA[http://www.washingtonpost.com/blogs/wonkblog/wp/2013/03/08/great-news-on-jobs-unemployment-rate-falls-to-7-7-236k-added-to-payrolls/]]></guid>							
							<pubDate>Fri, 08 Mar 2013 00:00:00 -0600</pubDate>
							<author>Neil Irwin</author>
							<description><![CDATA[The latest report on the state of the U.S. job market offered good news all around, the best reading in months on the state of the economy.Jobs? There were 236,000 more of them on U.S. employers&rsquo; payrolls in February than in January. The unemployment rate? Down to 7.7 percent, from 7.9 percent. Wages? Private-sector pay rose 0.6 percent as people both worked more hours and at a higher hourly wage.]]></description>
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							<title><![CDATA[Gov't Keeps Saying  a Recovery Is Just Around the Corner]]></title>
							<link>http://www.washingtonpost.com/blogs/wonkblog/wp/2013/02/19/forecasters-keep-thinking-theres-a-recovery-just-around-the-corner-theyre-always-wrong/</link>
							<guid><![CDATA[http://www.washingtonpost.com/blogs/wonkblog/wp/2013/02/19/forecasters-keep-thinking-theres-a-recovery-just-around-the-corner-theyre-always-wrong/]]></guid>							
							<pubDate>Wed, 20 Feb 2013 00:00:00 -0600</pubDate>
							<author>Neil Irwin</author>
							<description><![CDATA[They say that the essence of futility is to keep doing the same thing while expecting a different result. But is that what key government forecasters are doing in determining their outlook for the economy?Throughout the halting economic recovery that began in 2009, the formal economic projections released by the Congressional Budget Office, White House Council of Economic Advisers, and Federal Reserve have displayed quite a consistent pattern: This year may be one of sluggish growth, they acknowledge. But stronger growth, of perhaps 3.5 percent, is just around the corner, and will arrive next year.]]></description>
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							<title><![CDATA[The Case for Too Big to Fail Banks]]></title>
							<link>http://www.washingtonpost.com/blogs/wonkblog/wp/2013/02/05/the-case-for-the-too-big-to-fail-banks/?wprss=rss_ezra-klein</link>
							<guid><![CDATA[http://www.washingtonpost.com/blogs/wonkblog/wp/2013/02/05/the-case-for-the-too-big-to-fail-banks/?wprss=rss_ezra-klein]]></guid>							
							<pubDate>Wed, 06 Feb 2013 00:00:00 -0600</pubDate>
							<author>Neil Irwin</author>
							<description><![CDATA[America is still spitting mad over the financial crisis that hit the country half a decade ago and that continues to hang over the U.S. economy. And in the last few months, there&rsquo;s been a new wave of calls to break up the &ldquo;too big to fail&rdquo; banks that were at the center of the crisis &mdash; and the beneficiaries of a massive wave of bailouts.So, is splitting those banks up the answer? That debate is just getting going.More and more lawmakers and regulators don&rsquo;t like the financial system that they see: banks with trillions of dollars in assets, sprawling global operations that may be too complex to manage, and an implicit guarantee that governments will not let these...]]></description>
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							<title><![CDATA[Lew Had Major Role at Citi When It Nearly Imploded]]></title>
							<link>http://www.washingtonpost.com/business/economy/jack-lew-had-major-role-at-citigroup-when-it-nearly-imploded/2013/01/10/a913431e-5b6b-11e2-9fa9-5fbdc9530eb9_story.html</link>
							<guid><![CDATA[http://www.washingtonpost.com/business/economy/jack-lew-had-major-role-at-citigroup-when-it-nearly-imploded/2013/01/10/a913431e-5b6b-11e2-9fa9-5fbdc9530eb9_story.html]]></guid>							
							<pubDate>Sat, 12 Jan 2013 00:00:00 -0600</pubDate>
							<author>Neil Irwin</author>
							<description><![CDATA[Treasury secretary nominee Jack Lew has spent most of his career in government, but during the financial crisis, he was embedded inside one of the country&rsquo;s biggest banks as it nearly imploded.From 2006 to 2008, he worked at Citigroup in two major roles, a notable line in his r&#195;&#169;sum&#195;&#169;given that as Treasury secretary, he would be charged with implementing new rules regulating Wall Street.]]></description>
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							<title><![CDATA[Yes, Your Paycheck Just Shrank]]></title>
							<link>http://www.washingtonpost.com/blogs/wonkblog/wp/2013/01/11/ouch-no-youre-not-imagining-it-your-paycheck-just-shrunk/</link>
							<guid><![CDATA[http://www.washingtonpost.com/blogs/wonkblog/wp/2013/01/11/ouch-no-youre-not-imagining-it-your-paycheck-just-shrunk/]]></guid>							
							<pubDate>Sat, 12 Jan 2013 00:00:00 -0600</pubDate>
							<author>Neil Irwin</author>
							<description><![CDATA[Many Americans received their first paycheck of 2013 today. That sound you hear is the collective &ldquo;What the . .. &ldquo; they have emitted upon looking at their pay stub.For all the self-congratulatory back-patting from the White House and Congress on the deal that averted the &ldquo;fiscal cliff&rdquo; of tax increases&mdash;the deal locked in the George W. Bush-era tax cuts for households making under $450,000&mdash;they tended not to mention what the deal did, or rather didn&rsquo;t do, on the payroll tax. A 2 percentage point reduction in the Social Security tax, which hits all American workers, had been enacted at the end of 2010. In the fiscal cliff deal, Congress and President...]]></description>
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							<title><![CDATA[Your Paycheck Just Shrunk]]></title>
							<link>http://www.washingtonpost.com/blogs/wonkblog/wp/2013/01/11/ouch-no-youre-not-imagining-it-your-paycheck-just-shrunk/?wprss=rss_ezra-klein</link>
							<guid><![CDATA[http://www.washingtonpost.com/blogs/wonkblog/wp/2013/01/11/ouch-no-youre-not-imagining-it-your-paycheck-just-shrunk/?wprss=rss_ezra-klein]]></guid>							
							<pubDate>Fri, 11 Jan 2013 00:00:00 -0600</pubDate>
							<author>Neil Irwin</author>
							<description><![CDATA[Blogs &amp; ColumnsFeatured BlogsBlogs &amp; ColumnsBlogs &amp; ColumnsBlogs &amp; ColumnsBlogs &amp; ColumnsBlogs &amp; ColumnsBlogs &amp; ColumnsBlogs &amp; ColumnsBlogs &amp; ColumnsThe platinum coin could backfireJack Abramoff vs. lobbyistsYes, your paycheck is lower!America, the profligateAll about Japan's stimulusWould platinum coins freak out markets?View all Tag PostsView all Tag PostsView all Tag PostsView all Tag PostsPosted by Neil Irwin on January 11, 2013 at 11:33 amMany Americans received their first paycheck of 2013 today. That sound you hear is the collective "What the . .. " they have emitted upon looking at their pay stub.For all the self-congratulatory back-patting from the White House and Congress on the...]]></description>
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							<title><![CDATA[Why It Is Good the Big Banks Are Winning]]></title>
							<link>http://www.washingtonpost.com/blogs/wonkblog/wp/2013/01/08/the-banks-are-winning-and-thats-not-entirely-a-bad-thing/</link>
							<guid><![CDATA[http://www.washingtonpost.com/blogs/wonkblog/wp/2013/01/08/the-banks-are-winning-and-thats-not-entirely-a-bad-thing/]]></guid>							
							<pubDate>Wed, 09 Jan 2013 00:00:00 -0600</pubDate>
							<author>Neil Irwin</author>
							<description><![CDATA[Two pieces of news this week, from opposite sides of the Atlantic, have one thing in common. In their battles to put the mistakes of the past behind them and to be under as few restrictions as they believe they need to do business, the major global banks are winning.The biggest headlines in the United States were over Monday&rsquo;s announcement of multibillion-dollar agreements for the big banks to resolve disputes stemming from bad lending practices during the housing boom. Bank of America will pay $10.3 billion to Fannie Mae and Freddie Mac over claims that it (or, more precisely, the Countrywide mortgage lender that Bank of America acquired in 2008), sold the mortgage firms bad loans to...]]></description>
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							<title><![CDATA[Small Businesses Are Worried About the Cliff]]></title>
							<link>http://www.washingtonpost.com/blogs/wonkblog/wp/2012/12/11/small-businesses-are-freaking-out-about-the-fiscal-cliff-why-that-matters/?wprss=rss_ezra-klein</link>
							<guid><![CDATA[http://www.washingtonpost.com/blogs/wonkblog/wp/2012/12/11/small-businesses-are-freaking-out-about-the-fiscal-cliff-why-that-matters/?wprss=rss_ezra-klein]]></guid>							
							<pubDate>Tue, 11 Dec 2012 00:00:00 -0600</pubDate>
							<author>Neil Irwin</author>
							<description><![CDATA[Blogs &amp; ColumnsFeatured BlogsBlogs &amp; ColumnsBlogs &amp; ColumnsBlogs &amp; ColumnsBlogs &amp; ColumnsBlogs &amp; ColumnsBlogs &amp; ColumnsBlogs &amp; ColumnsBlogs &amp; ColumnsBusiness confidence and the fiscal cliffWhat can Obama do on weed?Should we raise the Medicare age?On Medicaid expansion, all or nothingHow 'right-to-work' laws affect statesFive keys to the fiscal cliffView all Tag PostsView all Tag PostsView all Tag PostsView all Tag PostsPosted by Neil Irwin on December 11, 2012 at 10:13 amThe evidence is mounting that American consumers and businesses are starting to seriously sweat the fiscal cliff. The question now is: Will it matter?The National Federation of Independent Business index of small business...]]></description>
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							<title><![CDATA[What's Dragging Down the U.S. Economy?]]></title>
							<link>http://www.washingtonpost.com/business/economy/what-is-dragging-down-the-us-economy/2012/10/29/ee6bc59c-21cf-11e2-8448-81b1ce7d6978_story.html</link>
							<guid><![CDATA[http://www.washingtonpost.com/business/economy/what-is-dragging-down-the-us-economy/2012/10/29/ee6bc59c-21cf-11e2-8448-81b1ce7d6978_story.html]]></guid>							
							<pubDate>Tue, 30 Oct 2012 00:00:00 -0500</pubDate>
							<author>Neil Irwin</author>
							<description><![CDATA[More than three years after the recovery began &mdash; in name, at least &mdash; the economy is still in a giant hole. But what, precisely, is still dragging it down? What sectors are the culprits? A simple model delivers some answers.We can start by looking at the difference between what the U.S. economy is capable of producing and what it is actually producing, known as the output gap.]]></description>
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							<title><![CDATA[Stocks End 2011 Largely Where They Began]]></title>
							<link>http://www.realclearmarkets.com/</link>
							<guid><![CDATA[http://www.realclearmarkets.com/]]></guid>							
							<pubDate>Sat, 31 Dec 2011 00:00:00 -0600</pubDate>
							<author>Neil Irwin</author>
							<description><![CDATA[After all the turbulence of the past year, the solid rallies and breathtaking drops, the U.S. stock market, like any roller coaster, ended back almost precisely where it started.At the end of a quiet trading day Friday, the Standard &amp; Poor&rsquo;s 500-stock index finished the year virtually unchanged (down 0.003 percent, to be exact). That was after rising on the year as much as 8 percent at one point (late April) and losing 13 percent at another (early October). Actual returns for stock investors were positive, however, once one accounts for dividend payments.]]></description>
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							<title><![CDATA[From Bad to Worse in Europe Crisis]]></title>
							<link>http://www.washingtonpost.com/business/economy/european-debt-crisis-spreads-raising-danger-of-currency-collapse/2011/11/25/gIQAqgZUwN_story.html</link>
							<guid><![CDATA[http://www.washingtonpost.com/business/economy/european-debt-crisis-spreads-raising-danger-of-currency-collapse/2011/11/25/gIQAqgZUwN_story.html]]></guid>							
							<pubDate>Sat, 26 Nov 2011 00:00:00 -0600</pubDate>
							<author>Neil Irwin</author>
							<description><![CDATA[Europe&rsquo;s debt crisis is going from bad to worse.The borrowing rates for troubled &mdash; and even not-so-troubled &mdash; European governments soared again Friday, heightening the danger of an all-out collapse in Europe&rsquo;s common currency. It comes as political leaders across the continent are pointing at each other as they call for action to avert a worse outcome.]]></description>
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							<title><![CDATA[Fed Downgrades Growth Forecasts]]></title>
							<link>http://www.washingtonpost.com/business/economy/fed-sees-modest-economic-growth-wont-take-new-monetary-action/2011/11/02/gIQAlLtvfM_story.html</link>
							<guid><![CDATA[http://www.washingtonpost.com/business/economy/fed-sees-modest-economic-growth-wont-take-new-monetary-action/2011/11/02/gIQAlLtvfM_story.html]]></guid>							
							<pubDate>Thu, 03 Nov 2011 00:00:00 -0500</pubDate>
							<author>Neil Irwin</author>
							<description><![CDATA[]]></description>
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							<title><![CDATA[The Simple Math of Recession]]></title>
							<link>http://www.washingtonpost.com/business/economy/the-simple-math-of-recession/2011/10/12/gIQAszvWiL_story.html</link>
							<guid><![CDATA[http://www.washingtonpost.com/business/economy/the-simple-math-of-recession/2011/10/12/gIQAszvWiL_story.html]]></guid>							
							<pubDate>Fri, 14 Oct 2011 00:00:00 -0500</pubDate>
							<author>Neil Irwin</author>
							<description><![CDATA[The U.S. economy has been through a lot in the past few months &mdash; an unprecedented downgrade of the government&rsquo;s credit rating, a debt crisis in Europe that threatens to spread across the Atlantic, and a steep decline in financial markets. Yet most economic indicators have pointed to continued, albeit slow, growth.It isn&rsquo;t the resilience of the U.S. economy. Rather, it&rsquo;s a sign of how bad things have already become. Many of the key sectors that usually cause economic contraction, including housing and durable goods such as automobiles, are already at such low levels that they don&rsquo;t have much more room to fall.]]></description>
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							<title><![CDATA[Waiting for Word on New Fed Action]]></title>
							<link>http://www.washingtonpost.com/business/economy/ben-bernanke-unlikely-to-announce-big-new-plans-at-jackson-hole/2011/08/23/gIQA28ixZJ_story.html</link>
							<guid><![CDATA[http://www.washingtonpost.com/business/economy/ben-bernanke-unlikely-to-announce-big-new-plans-at-jackson-hole/2011/08/23/gIQA28ixZJ_story.html]]></guid>							
							<pubDate>Wed, 24 Aug 2011 00:00:00 -0500</pubDate>
							<author>Neil Irwin</author>
							<description><![CDATA[This time a year ago, Federal Reserve Chairman Ben S. Bernanke headed to an annual gathering of central bankers in Jackson Hole, Wyo., amid a faltering U.S. economy, a perilous global situation, and rising calls on Wall Street for the Fed to do something to address both.Here we go again.]]></description>
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							<title><![CDATA[Criticism of Money-Printing Puts Pressure on Fed]]></title>
							<link>http://www.washingtonpost.com/business/economy/perrys-criticism-of-money-printing-may-portend-more-political-pressure-for-fed/2011/08/16/gIQAhv7HJJ_story.html?hpid=z2</link>
							<guid><![CDATA[http://www.washingtonpost.com/business/economy/perrys-criticism-of-money-printing-may-portend-more-political-pressure-for-fed/2011/08/16/gIQAhv7HJJ_story.html?hpid=z2]]></guid>							
							<pubDate>Wed, 17 Aug 2011 00:00:00 -0500</pubDate>
							<author>Neil Irwin</author>
							<description><![CDATA[Texas Gov. Rick Perry&rsquo;s broadside against Federal Reserve Chairman Ben S. Bernanke on Monday night was a remarkable departure from the usual approach of major presidential candidates toward the Fed, which has been to make any criticism delicately and politely.Perry was neither delicate nor polite. &ldquo;If this guy prints more money between now and the election, I don&rsquo;t know what y&rsquo;all would do to him in Iowa, but we would treat him pretty ugly down in Texas,&rdquo; Perry said. &ldquo;Printing more money to play politics at this particular time in American history is almost .&thinsp;.&thinsp;. treasonous in my opinion.&rdquo;]]></description>
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							<title><![CDATA[Amid Default Bluster, Bond Markets Remain Cool]]></title>
							<link>http://www.washingtonpost.com/business/economy/despite-default-fears-global-investors-still-buying-treasury-bonds-at-low-rates/2011/07/15/gIQATHFUGI_story.html</link>
							<guid><![CDATA[http://www.washingtonpost.com/business/economy/despite-default-fears-global-investors-still-buying-treasury-bonds-at-low-rates/2011/07/15/gIQATHFUGI_story.html]]></guid>							
							<pubDate>Sun, 17 Jul 2011 00:00:00 -0500</pubDate>
							<author>Neil Irwin</author>
							<description><![CDATA[In Washington, the debate over the debt ceiling is the stuff of  heated arguments, high-stakes brinksmanship and warnings that the global  economy is teetering on edge.Wall Street isn&rsquo;t buying it. So far, at least, the bond investors who lend trillions of dollars to the U.S. government are keeping cool, confident that the ups and downs of debt talks are mere theatrics.]]></description>
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							<title><![CDATA[Bleak Jobs Report Worsens Economic Outlook]]></title>
							<link>http://www.washingtonpost.com/business/economy/economic-outlook-worsens-as-us-adds-only-18000-jobs-in-june/2011/07/08/gIQAL8lU3H_story.html</link>
							<guid><![CDATA[http://www.washingtonpost.com/business/economy/economic-outlook-worsens-as-us-adds-only-18000-jobs-in-june/2011/07/08/gIQAL8lU3H_story.html]]></guid>							
							<pubDate>Fri, 08 Jul 2011 00:00:00 -0500</pubDate>
							<author>Neil Irwin</author>
							<description><![CDATA[Job growth came nearly to a halt in June, the federal government  said Friday with  surprisingly grim new data that challenge  expectations that the economy is poised to bounce back from its spring  lull.The disappointing report comes at a sensitive time, as President Obama and Congress engage in high-stakes negotiations over raising the legal cap on the $14.3 trillion federal debt.  The weaker job market could make Democrats all the more reluctant to  agree to spending cuts that might further slow the economy in the  service of reducing long-term budget deficits.]]></description>
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							<title><![CDATA[QE2 Ends, Leaving a Mixed Legacy]]></title>
							<link>http://www.washingtonpost.com/business/economy/qe2-fed-bond-purchases-end-leaving-mixed-legacy-as-economic-recovery-lags/2011/06/28/AGZ3gLrH_story.html</link>
							<guid><![CDATA[http://www.washingtonpost.com/business/economy/qe2-fed-bond-purchases-end-leaving-mixed-legacy-as-economic-recovery-lags/2011/06/28/AGZ3gLrH_story.html]]></guid>							
							<pubDate>Thu, 30 Jun 2011 00:00:00 -0500</pubDate>
							<author>Neil Irwin</author>
							<description><![CDATA[Thursday morning, a half-dozen or so staffers will gather in a small room on the ninth floor of the Federal Reserve  Bank of New York building in Lower Manhattan. The traders will sit at  computer terminals and buy $4 billion to $5 billion in U.S. Treasury  bonds, using dollars newly created by the act of their clickety-clacking  at their computers.When they finish, well before lunchtime, the Fed&rsquo;s much-debated effort to strengthen the U.S. economy by buying $600 billion in bonds, launched in the fall, will be over.]]></description>
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							<title><![CDATA[Fed: Economy Has Lost Momentum]]></title>
							<link>http://www.washingtonpost.com/business/economy/fed-says-economy-is-slowing-will-let-bond-program-expire/2011/06/22/AGPzYzfH_story.html</link>
							<guid><![CDATA[http://www.washingtonpost.com/business/economy/fed-says-economy-is-slowing-will-let-bond-program-expire/2011/06/22/AGPzYzfH_story.html]]></guid>							
							<pubDate>Wed, 22 Jun 2011 00:00:00 -0500</pubDate>
							<author>Neil Irwin</author>
							<description><![CDATA[Federal Reserve officials marked down their forecasts for  economic growth Wednesday but said they would keep interest rates near  zero and end a program of bond purchases this month.The Fed said it expects the U.S. economy to grow 2.7 to 2.9  percent in 2011, compared with the 3.1 to 3.3 percent the central bank  envisioned in April. In 2012, the Fed predicts 3.3 to 3.7 percent growth  &mdash; down from 3.5 to 4.2 percent previously forecast.]]></description>
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							<title><![CDATA[Is the U.S. Economic Recovery Faltering?]]></title>
							<link>http://www.washingtonpost.com/business/economy/us-economic-recovery-is-faltering/2011/06/01/AGYp8OGH_story.html</link>
							<guid><![CDATA[http://www.washingtonpost.com/business/economy/us-economic-recovery-is-faltering/2011/06/01/AGYp8OGH_story.html]]></guid>							
							<pubDate>Wed, 01 Jun 2011 00:00:00 -0500</pubDate>
							<author>Neil Irwin</author>
							<description><![CDATA[The U.S. economic recovery is faltering, and Washington is running out of ways to get it back on track.New reports Wednesday showed a steep slowdown in the manufacturing sector and weak private-sector job creation in May. The grim news comes on the  heels of other recent indicators &mdash; falling home prices and consumer  spending &mdash; that reflect an economy slowing to a limp this spring.]]></description>
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							<title><![CDATA[Wages Not Keeping Pace With Prices]]></title>
							<link>http://www.washingtonpost.com/business/economy/inflation-inflicting-pain-as-wages-fail-to-keep-pace-with-price-hikes/2011/03/09/AF6K2seC_story.html</link>
							<guid><![CDATA[http://www.washingtonpost.com/business/economy/inflation-inflicting-pain-as-wages-fail-to-keep-pace-with-price-hikes/2011/03/09/AF6K2seC_story.html]]></guid>							
							<pubDate>Tue, 05 Apr 2011 00:00:00 -0500</pubDate>
							<author>Neil Irwin</author>
							<description><![CDATA[Inflation is back, with higher prices for food and fuel hammering American consumers, and this time it really hurts.It&rsquo;s not just that prices are rising &mdash; it&rsquo;s that wages aren&rsquo;t.Previous  bouts of inflation have usually meant a wage-price spiral, as pay and  prices chase each other ever upward. But now paychecks are falling  further and further behind.]]></description>
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							<title><![CDATA[New Year, New Hope for Economic Growth]]></title>
							<link>http://www.washingtonpost.com/wp-dyn/content/article/2010/12/30/AR2010123005007.html</link>
							<guid><![CDATA[http://www.washingtonpost.com/wp-dyn/content/article/2010/12/30/AR2010123005007.html]]></guid>							
							<pubDate>Fri, 31 Dec 2010 00:00:00 -0600</pubDate>
							<author>Neil Irwin</author>
							<description><![CDATA[As 2011 begins, the United States is poised for its strongest year of economic growth since the recession began three years ago.Plenty of risks that could undermine the recovery remain, and it could take years of solid growth to get the United States out of its deep economic hole. Nonetheless, signposts for the economy are generally pointing up, as illustrated by a pace of growth that accelerated in the final months of 2010.]]></description>
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