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Sequestration: Macro and Micro

Sequestration: Macro and Micro . Jared Bernstein and Joel Friedman CBPP 2/27/13. Economic Backdrop: Sequestration Lets the Air Out of the Tires of an Already Wobbly Economic Bicycle. 2. 3. Sequester (et al): Policy Headwinds Blowing Pretty Hard in Wrong Direction. 4. 5.

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Sequestration: Macro and Micro

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  1. Sequestration: Macro and Micro Jared Bernstein and Joel FriedmanCBPP 2/27/13

  2. Economic Backdrop: Sequestration Lets the Air Out of the Tires of an Already Wobbly Economic Bicycle 2

  3. 3

  4. Sequester (et al): Policy Headwinds Blowing Pretty Hard in Wrong Direction 4

  5. 5

  6. Do you need more proof that austerity is a bust?!!? 6

  7. Other Headwinds: Gasoline, Real Earnings Sources: GasBuddy, BLS 7

  8. Housing Tailwinds, Helped Along by the Only Policy Makers Doing Anything Helpful Right Now: the Federal Reserve 8

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