The Radford Free Press – Page 211 – All life is problem solving.

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 […]

Economics / austerity, fiscal cliff, government spending, Republicans /

No Deal?

January 1, 2013

Well now. As of 4:00 pm today the deal agreed upon by the White House and passed by the Senate – by a whopping 89-8 margin – has not been taken up by the House. Indeed, all the signs are that it won’t. Some of the leading conservatives in the House, Eric Cantor being the […]

Economics / austerity, tax policy /

Deal Cost

January 1, 2013

Just for the record: the Congressional Budget Office our official and non-partisan score keeper on all matters to do with the budget, has ‘scored’ the deal struck yesterday. It will increase the Federal deficit by a little under $4 trillion over the next decade. The CBO is constrained to score legislation and its effects by […]

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