The Radford Free Press – Page 347 – All life is problem solving.

Obama Caves In On Tax Increases

November 11, 2010

So this is the way it will be. No fight. No argument. Just weasel words to cover for the fact that our dear leader cannot summon the spine to confront his opponents. To the Republicans this must feel like shooting fish in a barrel. A very small barrel. One of the big issues left undone […]

Economics / deficits, fiscal policy, GDP /

Proposed Budget Balancing Act

November 10, 2010

You will have noticed the usual hysteria that accompanies any report here in the US. Even before the ink is dry, pundits from left and right lambast the report so as to blunt its effect, or preferably, to illl it off before it has taken its first breath. Today’s release is no exception. The Fiscal […]

Economics / deflation, Federal Reserve Board, inflation, interest rates, monetary policy, Paul Krugman, quantitative easing /

QE2 and Palin Redux

November 10, 2010

Allow me to second Paul Krugman’s amused reaction to the poor Wall Street Journal’s reaction to being lambasted by Sarah Palin. What did they expect? After her attack on Ben Bernanke and QE2, which was incorrect in theory, but correct as to likely effects, the WSJ pulled out its textbook and lectured her on how […]

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