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    Economics / austerity, economic policy, government spending, Republicans /

    Deficit Jumble

    May 22, 2013

    I missed this earlier, but here’s an interesting statement – part of an interview in early May given by John Boehner on Bloomberg TV: “We have spent more than what we have brought into this government for 55 of the last 60 years. There’s no business in America that could survive like this. No household […]

    Commentary /

    The State Of Economics: Krugman Is Wrong

    May 16, 2013

    Paul Krugman this morning hammers away at hedge fund managers who, by and large, are complaining about Fed monetary policy, and especially its so-called quantitative easing. The managers are all predicting doom and hyperinflation because of the ongoing ease of Fed policy. It might also have to do with those low interest rates making it […]

    Economics / austerity, debt ceiling, demand, economic policy, fiscal cliff, GDP, government spending, growth, Keynes, Obama, Republicans, Simpson-Bowles, Social Security /

    Shrinking Deficit

    May 15, 2013

    We have been bombarded for the past few years by an endless stream of analyses, diatribes, and invectives about the horrors associated with the Federal deficit. The tide of red ink that began to flood Washington at the end of the Bush administration and which has abated only slowly under Obama became a feature of […]

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