President Obama returns from visiting the National Parks in the West (public option), and then ensconces with his family Sunday within the $20-million Blue Heron demesne in Martha’s Vineyard for a week’s vacation (the Cadillac plan). But first, he speaks today in Phoenix to the national convention of the VFW (VA care).
Media coverage of the health care debate probably moves from theme of disputatious townhalls to the President’s selling of the legislation, whatever that might be. The White House’s signals it could drop the public option was the big story to come out of weekend news-chat shows.
On Tuesday, the president meets with Egyptian President Hasni Mubarak, and Thursday is Election Day in Afghanistan.
Congress remains on recess, returning Tuesday, September 8. Several Senators sponsor committee field hearings this week, events usually designed for purely local consumption. Several have passing relevance to the manufacturing economy:
- Thursday, August 20, Providence, R.I., Senate Judiciary Committee, Subcommittee on Administrative Oversight and the Courts, “Mortgage Modifications during the Foreclosure Crisis: Is there a Role for Bankruptcy Courts?” (The relevance being the sanctity of contracts.)
- Saturday, August 22, Chena Hot Springs, Alaska, Senate Energy and Natural Resources, to consider renewable energy production, strategies, and technologies for rural communities.
- Today, Secretaries Arne Duncan and Tom Vilsack will travel to Hamlet, NC, to discuss rural education.
- Wednesday, Secretaries Ken Salazar and Tom Vilsack will travel to Des Moines, IA.
- Saturday, Secretary Tom Vilsack will travel to Sedalia, MO, to discuss green jobs and a new energy economy, with a focus on renewable energies. (We’ve corrected the original listings, which were a day off.)
Economic Reports: July housing starts come out on Tuesday, as well as the July Producer Price Index. (Media may pick deflation as a storyline.) The Conference Board releases its July index of leading indicators Thursday. (Full week ahead from FoxNews and DowJones.)
Finally, the Federal Reserve Bank of Kansas City sponsors its annual symposium in Jackson Hole, Wyo., starting Thursday, with the topic, “Financial Stability and Macroeconomic Policy.” As The Washington Post reports, the event “includes every top Fed official and dozens of leading economists from universities, foreign central banks and private firms
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