The Radford Free Press – Page 166 – All life is problem solving.

Economics / austerity, debt ceiling, economic policy, Federal deficit, fiscal cliff, GDP, government spending, Republicans /

Who Cares About Default?

October 8, 2013

In this fast moving and ridiculously puerile crisis of ours we are being treated to an equally fast paced run-through of right wing fantasy. As each layer of their beliefs is peeled away and revealed as absurd, another is quickly located to defend, often for only a few hours, the destructive and profoundly anti-American path […]

Commentary / debt ceiling, fiscal cliff, government spending, Obama, Republicans /

First Debt Ceiling Rumbles

October 3, 2013

With the Republican shutdown now into its third day, and with last night’s attempt at reconciliation a total and bitter failure, the odds that the shutdown and the debt ceiling fight are rising sharply. Whilst the former is a huge nuisance and could lop about 1.0% of GDP this quarter if its doesn’t end soon, […]

Commentary /

The End Is Nigh!

October 1, 2013

The end, that is, of Reaganism. The Republicans have shut down government because no one is taking their demand that health care reform is abandoned seriously. In a nutshell the fight is over the part of reform that increases taxes on the top 1% of income earners, reduces subsidies to insurers within the Medicare system, […]