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    Economics / austerity, entitlements, fiscal cliff, government spending, medicare, Obama, Social Security /

    Rolling Right Along

    January 3, 2013

    Take a deep breath and repeat after me: the cliff is dead, long live the cliff. Do not dare to settle down, but brace yourself for what will be, no doubt, an even more bitter and intense argument. You see, the fiscal cliff deal – remember that? – was simply a minor precursor to the […]

    Commentary /

    The Norquist Paradox

    January 2, 2013

    Is it just me, or is there a twist in this? As you all know, one of the drivers of Republican solidarity during their ascent to policy domination in Washington was the legendary Norquist ‘no tax increase’ pledge. Every member of the Republican caucus, both House and Senate, signed on to the pledge. ‘No tax […]

    Economics / austerity, economic policy, fiscal cliff, government spending, Obama, Republicans /

    The Morning After

    January 2, 2013

    The details are common knowledge by now so I won’t bother reprising them. Instead let’s look ahead. The problem with the deal is that it achieved next to nothing. The fiscal cliff was a completely artificial construct created within the bowels of our gridlocked political system by politicians so incapable of reaching middle ground that […]

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