Robert J. Samuelson / Politics

Why the Economy is (Still) an Enigma

WASHINGTON -- Something interesting, unpredicted and possibly worrisome is occurring on financial markets. Stocks and bonds are sending mixed -- and conceivably contradictory -- signals on the economic outlook. Stocks are routinely setting new ...

The Jobs Mystery

WASHINGTON -- With the government's latest monthly employment report, the American job market has entered a bewildering good news/bad news phase. The good news is that May's increase of 217,000 payroll jobs finally puts total employment above its ...

Obama's Climate Plan: Rhetoric vs. Reality

WASHINGTON -- On climate change, both Barack Obama and his harshest critics -- business groups and Republicans -- have a shared interest in exaggerating the impact of the president's proposal. By 2030, it would reduce the electricity sector's ...

The Great Moderation 2.0?

WASHINGTON -- Is the Great Moderation back? Maybe. The Great Moderation -- a term popularized by economists -- refers to the period from the mid-1980s (1983 or 1984 are common starting points) to 2007 when the economy enjoyed relatively stable ...