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Newsweek’s Daniel Gross explains the Consumer Price Index (here’s the official BLS site) in a very simple video. I could do without the goofy sound effects, but it’s a good, 2 minute explanation of how the government tracks inflation.

Per David Simon’s Berkeley talk, though, the video doesn’t go into why this matters. Perhaps they’ll cover that in the next installment of the Economics 101 series.

(via @newsweek, Newsweek’s Twitter feed)

2:42 pm | leave a comment
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Excerpt:

The American Bar Association recently joined the debate with the release of a Report by a bipartisan task force on presidential signing statements and the separation of powers. As one of us has noted previously, a number of aspects of the Report are very timely and worthwhile. In particular, we agree with the Report’s emphasis on the need for transparency
whenever the executive branch declines to execute a statute or construes that statute in a manner that appears to be contrary to its text and congressional intent. But we were surprised by, and disagree with, certain of the Report’s central conclusions…

10:09 am | leave a comment

Some good questions in the bunch. Excerpt:

Professor Cooper of Portland State helped me compile some of the following questions. A handful were sent in by readers of my “White House Briefing” column on washingtonpost.com, back in May, when I asked for questions they would like to ask incoming press secretary Tony Snow.

11:55 pm | leave a comment