Showing posts with label Economy. Show all posts
Showing posts with label Economy. Show all posts

Friday, February 26, 2010

The Deflationist + Mr. Krugman + The New Yorker

For the first twenty years of Krugman’s adult life, his world was divided not into left and right but into smart and stupid. “The great lesson was the low level of discussion,” he says of his time in Washington. “The then Secretary of the Treasury”—Donald Regan—“was not that bright, and you could have angry exchanges where neither side understood the policy.” Krugman was buoyed and protected in his youth by an intellectual snobbery so robust that distractions or snobberies of other sorts didn’t stand a chance. “When I was twenty-eight, I wouldn’t have had the time of day for some senator or other,” he says.

Read Larissa MacFarquhar's great article in full...

Friday, February 12, 2010

Paul Krugman + Republicans and Medicare

“Don’t cut Medicare. The reform bills passed by the House and Senate cut Medicare by approximately $500 billion. This is wrong.” So declared Newt Gingrich, the former speaker of the House, in a recent op-ed article written with John Goodman, the president of the National Center for Policy Analysis.

And irony died.

The rest of Mr. Krugman's piece lives here.

Friday, February 5, 2010

Paul Krugman + Fiscal Scare Tactics

Many economists take a much calmer view of budget deficits than anything you’ll see on TV. Nor do investors seem unduly concerned: U.S. government bonds continue to find ready buyers, even at historically low interest rates. The long-run budget outlook is problematic, but short-term deficits aren’t — and even the long-term outlook is much less frightening than the public is being led to believe.

Read the whole piece here.

Monday, July 27, 2009

Krugman + Op Ed + An Incoherent Truth

Well, they talk a lot about fiscal responsibility, which basically boils down to worrying about the cost of those subsidies. And it’s tempting to stop right there, and cry foul. After all, where were those concerns about fiscal responsibility back in 2001, when most conservative Democrats voted enthusiastically for that year’s big Bush tax cut — a tax cut that added $1.35 trillion to the deficit?

Read the rest of Mr. Krugman's opinion here.

Tuesday, April 21, 2009

NPR + All Things Considered + What If Marijuana Were Legal?

This is the report from yesterday's All Things Considered. I can't imagine the amount of feedback they must have received.

Note the amount of times they mention that this is a "hypothetical" report. No War of the Worlds moments here, people.

Tuesday, April 14, 2009

Obama + Economic Address at Georgetown + Yes, the University

Tea Bagging + The Impotence of an Idea

The tea bag party's that will be popping up tomorrow all over our country should give pause to us all. It has nothing to do with whether or not there is a vocal minority in this country, or even if the neo-tea bagger's have gotten the history of the Boston Tea Party wrong. It has to do with the fact that they are protesting tax initiatives that are not Obama's making. The taxes are Bush's. Not the most recent Bush, no... Bush Sr. We're just using them to pay down W's debt.

Friday, April 3, 2009

Obama + G-20

With all the comings-and-goings in this week's G-20, I decided not to even try to tackle posting about it. In summary, the following clip seems a good round-up (albeit a liberal-wind-bag-round-up).