Available April 3
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"A major and timely contribution to a national debate that will only get more heated in the years ahead."
—Mohamed A. El-Erian, CEO of PIMCO
#whburning- "@justinwolfers: Romney will "finance a massive tax cut by cutting Medicaid..."- @ezraklein http://t.co/74lS2lit"; He is #whburning /SJ baselinescene (Baseline Scenario)
- Santorum profile: http://t.co/PdV2Osdi via @WSJ, but his fiscal plans would move US debt to Greek levels, #whburning baselinescene (Baseline Scenario)
- Paul Singer: "these countries are insolvent, with no hope of paying presently promised benefits," http://t.co/JHLMzxcX #whburning /SJ baselinescene (Baseline Scenario)
- Party of Higher Debts #whburning http://t.co/2VQo5rZV baselinescene (Baseline Scenario)
- RT @baselinescene: @crampell primer on tax breaks: http://t.co/895kiVEq. #whburning goes after 7 of the top 10 in her list. /JK BondBuyerJen (Jen DePaul)
- @crampell primer on tax breaks: http://t.co/895kiVEq. #whburning goes after 7 of the top 10 in her list. /JK baselinescene (Baseline Scenario)
- looking forward to this one rt “@baselinescene: What Is This White House Burning? #whburning http://t.co/kcwOLQga” andrewpowens (Andrew Owens)
- RT @baselinescene: What Is This White House Burning? #whburning http://t.co/PmFHOsLv michpols (michpols)
- RT @baselinescene: What Is This White House Burning? #whburning http://t.co/KoLJ0ugX JDreport (JDreport)
- What Is This White House Burning? #whburning http://t.co/PmFHOsLv baselinescene (Baseline Scenario)
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Old Whine in New Bottles: Commercial Real Estate Lobbies For Bailout
The commercial real estate industry would like a bailout – see my preview/links to testimony before the JEC today. This is not a surprise – even some of the most libertarian people I meet think the government should help them personally when times are bad. Is there a case treating commercial real estate as special?
The sector is definitely taking a beating, but who is not? This lobby’s most sophisticated advocates are arguing that various Fed facilities can be extended to support commercial real estate financing, i.e., so there is no cost to the government’s budget or your future taxes.
This is illusory. Continue reading →
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Posted in Commentary
Tagged commercial real estate, retail