The Capital Commerce Debate

Capitalcommerce

Over at US News & World Report, I am engaged in a debate on the state of the Economy with none other than Don Luskin. It will run this entire week, with fresh posts and rebuttals each evening.

Round 1 is here: The Bullish versus Bearish Economic View

Round 2 can be found here: Don’t Worry–Be Happy vs Worry a Lot–Housing Will Hurt the Economy

In the second round, the links to the charts were having problems — you can see the two I used below.

>

MEW, Net Extraction
and Percentage of Disposable Personal Income

(1991 to present)
Mew

Graphs courtesy
of Calculated Risk

>

GDP Growth (MEW, w/o MEW):

Gdp_wo_mew

Graphs courtesy
of Calculated Risk

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