April 2, 2013 |
In his March 22 blog post criticizing proposals to switch from the consumer price index to "chained CPI" to determine cost-of-living adjustments for Social Security beneficiaries and other items in the federal budget, Michael Hiltzik claimed that there were "no grounds" for the statement made in a recent paper from the Moment of Truth Project (" Measuring Up, The Case for Chained CPI" ) that the chained CPI provides a more accurate measure of inflation than the measure currently used. In fact, experts across the ideological spectrum agree that the chained CPI is indeed more accurate.
April 12, 2013 |
Customized TV Listings are available here: www.latimes.com/tvtimes Click here to download TV listings for the week of April 14 -20, 2013 in PDF format This week's TV Movies SERIES Doctor Who The Doctor and Clara (Matt Smith, Jenna-Louise Coleman) land on a submarine in 1983 that has an alien on board. 5 and 8 p.m. BBC America Orphan Black Sarah (Tatiana Maslany) wants to leave town after learning she is a clone in this new episode.
October 6, 2010 |
As President Obama remakes his senior staff, he is also shaping a new approach for the second half of his term: to advance his agenda through executive actions he can take on his own, rather than pushing plans through an increasingly hostile Congress. A flurry of staff departures and promotions is playing out as the White House ends a nearly two-year period of intense legislative activity. Where the original staff was built to give Obama maximum clout in Congress, the new White House team won't need the same leverage with lawmakers.
September 6, 2012 |
CHARLOTTE, N.C. - California Lt. Gov. Gavin Newsom said early Thursday that he will run for governor in 2014 if Jerry Brown does not seek reelection. “If Jerry Brown doesn't run, I have every intention of running. If he does run, I have every intention of supporting him enthusiastically,” Newsom said, adding that there was no indication that Brown does not plan to seek reelection. He brushed aside questions about whether he would also be interested in a U.S. Senate bid if one of the state's two Democratic incumbents were to retire.
September 13, 2010 |
Signaling a potential deal on tax cuts, House Republican leader John A. Boehner said Sunday he'd be willing to preserve Bush-era rates for the middle class while letting them expire for the wealthy. The Obama administration wants to make the tax cuts permanent for families earning less than $250,000 a year and individuals earning less than $200,000. Republicans, and some Democrats, advocate keeping all the tax cuts, which will expire at the end of December unless Congress acts. That would preserve lower rates for all but about 3% of Americans.
September 28, 2010 |
The guessing game about who will replace Lawrence Summers as President Obama's top economic advisor is ramping up. With Wall Street and Washington fond of speculation, the names of two high-powered Southern Californians surfaced Tuesday to add to a growing list of possible successors for Summers as director of the National Economic Council. The latest buzz was that Obama would tap one of two big names from Newport Beach mutual fund giant Pacific Investment Management Co.: widely regarded fund manager Bill Gross or Chief Executive Mohamed El-Erian.
December 16, 2013 |
The ride-sharing firm Uber takes great pride in hewing rigorously to libertarian, let-the-market-decide business principles. It's unapologetically in love with supply-and-demand, or "surge," pricing . When demand for rides peaks, such as on New Year's Eve, so do Uber's fares. What does Uber say about price-gouging complaints? It says: if you don't like it, walk . But Uber may just have discovered that there are limits to the surge. During a ferocious winter storm on Saturday night it ticked off Manhattanites no end with fares that ran seven or eight times normal rates.
November 13, 2007 |
'The question is: Should we be giving an extra $120 billion to people in the top 1%?" So asked Gene Sperling, Hillary Clinton's chief economic advisor, at a recent National Press Club panel discussion. Translation: It's the government's money, and anything left over after Uncle Sam picks your pockets is a "gift."
August 5, 2011 |
Even though the latest jobless numbers were slightly better than expected, Republican presidential candidates on Friday jumped on this week's economic turmoil and renewed fears of recession to castigate President Obama's policies and push their own agendas. The July unemployment numbers showed that the United States added 117,000 jobs in July, better than most economists had expected, but still below the number needed just to keep pace with people newly entering the job market. The unemployment rate dipped from 9.2% to 9.1%, but much of that improvement was because people had become discouraged and had dropped out of the jobs market.