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Federal Spending Facts

Like many people I am perplexed by claims that federal spending has ‘exploded’ on Obama’s watch. The claim is generally made by someone on the right of center in politics and is stated as if it is a well known fact. So well known that no one can possibly refute it. The conversation is then […]

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In Not Of?

Today’s New York Times has a reminder of the damage the crisis has done to the economy, and, more importantly, to enduring attitudes towards opportunity. The article summarizes the results of a survey conducted by Rutgers University. The main thrust of the article is that this crisis was both deep and broad enough to involve […]

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Sequester and Jobs

You may not have noticed – perhaps you have more interesting things to do – that the next big crisis is unfolding in Washington. As the economy wallows in semi-stagnant directionless mode our fearless leaders in Congress are getting vexed over another of their self-inflicted wounds. You’d have thought that by now they’d stop doing […]

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