The Radford Free Press – Page 200 – All life is problem solving.

Economics / austerity, economic policy, GDP, government spending, growth, potential GDP /

What’s Missing?

February 14, 2013

A couple of days ago I complained about the misrepresentation of Federal spending under Obama. It hasn’t risen anywhere near as much as some folks say it has. Indeed it has been under control since that first burst during the heat of crisis. That drew the ire of one or two of you who complained […]

Economics / austerity, government spending, Obama, Republicans /

Federal Spending Facts

February 12, 2013

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 […]

Commentary, Economics / economic policy, plutocracy /

In Not Of?

February 7, 2013

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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