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    Commentary / austerity, fiscal cliff, government spending, Obama, Republicans /

    Republican Sanity? Perhaps

    October 17, 2013

    Just a quick reminder: before we all get carried away with this new post-crisis dawn stuff, we should remember that two-thirds of the House Republicans – including Paul Ryan – voted to continue the government shutdown and to force the US into default. That thought ought to pour cold water on anyone who imagines we […]

    Commentary / austerity, debt ceiling, economic policy, fiscal cliff, government spending, Obama, Republicans /

    Aftermath

    October 17, 2013

    The Republicans achieved nothing, but they did a lot of damage. That seems to be the emerging consensus this morning as Americans put their heads up over the trench parapets, and as government workers trudge back to work. There are a few things to remind ourselves of in the aftermath of the crisis. It is […]

    Economics /

    Bar The Shouting?

    October 16, 2013

    OK let’s cut the hyperbole. The current crisis is about to end. This doesn’t mean there won’t be more, indeed I suggest there will be many more, but for now this particular one is about to end. And it will end as a crushing defeat for the Ultra extremists. It will take an election or […]

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