Understanding Today’s Puzzling U.S. Economy
Inflation is high. The GDP has shrunk. But the job market has never been better. The Washington Post's Damian Paletta helps make sense of the U.S. economy today.
Speaker of the House John Boehner (R-OH), left, stands with the newly-elected members of the House GOP leadership team during a news conference Nov. 13 at the U.S. Capitol in Washington, DC.
On Tuesday, just ahead of the 100th day of the new Republican-led Congress, the Senate approved a change to the old Medicare payment formula. The rare bipartisan legislation came in the same week that President Barack Obama said he would sign a bill giving Congress oversight of the Iran nuclear deal. While the early days of the new Congress were marked by gridlock over issues including immigration, this recent movement on the Hill has some wondering if this government is poised to be more productive than its predecessor — and if Congress’ relationship with the president is shifting. We look at the first hundred days of the new Congress and what’s ahead.
Guests
- James Thurber Professor and director, Center for Congressional and Presidential Studies at American University; author of "Obama in Office: The First Two Years." His forthcoming book is titled “American Gridlock: the Sources, Characteristics and Impact of Polarization.”
- Ruth Marcus Columnist and editorial writer, The Washington Post.
- Stephen Dinan Congressional bureau chief, The Washington Times.
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