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The Reagan Myth

Obama’s statements last week about the relative importance of Reagan and Bill Clinton are still reverberating around the primary scene. Here’s Paul Krugman’s position from the New York Times: Debunking the Reagan Myth One of my continuing reservations about Obama is the level of his commitment to the liberal cause [I hate using the word […]

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Recession Plans?

It is remarkable how quickly the discussion amongst policy makers has turned from denying the possibility of an economic downturn toward developing plans to alleviate the impact of one. here is a good run down on the subject from today’s New York Times:The Debate Over How and How Long The debate over the type, extent […]

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Poor Jobs Outlook

Today’s jobs data reinforces the view that the economy is slowing down quickly. Here’s the release as reported by MarketWatch, a Dow Jones website: Jobless rate jumps to 5% as payroll growth stalls The point to raise here is that not only was job growth really weak last month, but that unemployment jumped so strongly […]

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