The Radford Free Press – Page 209 – All life is problem solving.

Cartoon Economics

January 8, 2013

I haven’t commented on the state of economics lately largely because there’s been no change. It remains a mess. Moreover it remains a mess few people seem keen to clean up. Pet theories abound. Old ones are trotted out anew. Academic bricks are tossed over walls into rival camps. But no one fixes much of […]

Economics / debt ceiling, government spending, monetary policy, national debt, Republicans /

Oh Dear: More Debt Silly Stuff

January 7, 2013

What is it that we text each other? OMG? Well here’s an OMG moment, one that illustrates why we will not be having a very edifying debate about debt. Our esteemed Senator John Conryn, a Republican from Texas, wrote this last week: “It may be necessary to partially shut down the government in order to […]

Economics / debt ceiling, government spending, monetary policy, Obama, Republicans /

Debt Ceiling Nonsense

January 7, 2013

When a very old matter of convenience becomes a contemporary pain in the butt strange things get said, people act peculiarly, and really stupid stuff happens. Meet the debt ceiling. Only in America. The debt ceiling was introduced back in World War I as a convenience. The constitution, that fusty bedrock of American politics, gives […]

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