James Pethokoukis is a columnist and blogger at the American Enterprise Institute. Previously, he was the Washington columnist for Reuters Breakingviews, the opinion and commentary wing of Thomson Reuters.
Pethokoukis was the business editor and economics columnist for U.S. News & World Report from 1997 to 2008. He has written for many publications, including The New York Times, The Weekly Standard, Commentary, National Review, The Washington Examiner, USA Today and Investor's Business Daily.
Pethokoukis is an official CNBC contributor. In addition, he has appeared numerous times on MSNBC, Fox News Channel, Fox Business Network, The McLaughlin Group, CNN and Nightly Business Report on PBS. A graduate of Northwestern University and the Medill School of Journalism, Pethokoukis is a 2002 Jeopardy! Champion.
Economics isn’t science, at least not like chemistry or physics. It’s hard to run controlled economic experiments. The behavior of people is a lot tougher to analyze and predict than that of water molecules; linkages and casual relationships aren’t so clear-cut.
The U.S. Senate rarely votes unanimously on anything of much importance. The Obama White House, though, managed to bring this about: Last May, a clone of its previous year’s budget proposal failed unanimously, 99–0. Way to bring the two parties together, Mr. President.