The Radford Free Press – Page 169 – All life is problem solving.

Economics / austerity, debt ceiling, Federal deficit, government spending, Obama, Republicans /

Default Watch: Episode 2

October 8, 2013

I apologize for obsessing over the impasse in wWashington, but it is great theater and provides endless fun for those of us who watch. So, with that said, here’s a conundrum to play with as you argue with your right wing friends: If hitting the debt ceiling is such a big deal that the Republicans […]

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, […]