fiscal cliff *does* reduce the debt
Of course it does. That's how you know the whole thing is bs. The people freaking out about the fiscal cliff SAY it is about the debt but of course they don't care about the debt, that is a cover for...
View ArticleWhy has there been so little talk of honoring the original agreement?
As I remember from GWB's treasury secretray Paul O'Neill's book, originally O'Neill and Greenspan wanted fiscal triggers to increase taxes if the Bush tax cuts led to deficits. But the triggers were...
View ArticleCliff Diving is Anti-Keynesian
Slashing federal spending, massively raising taxes on the middle class, and ending unemployment benefits for the long-term jobless are exactly the wrong things to do under Keynesian theory. Combined...
View ArticleScaring Citizens
Dean's reference to another 'shrill' piece at the Post was once again by Lori M., who on TV seems very laid-back; almost sleepy. How do they get her up to shrill, I wonder? - Bart
View ArticleRemember "Make me do it"?
"President Obama's bargaining position would be substantially improved after January 1. For this reason it is understandable that Republicans and people who want to see large cuts to Social Security...
View ArticleWa Po, or Lori M
Bart, great observation, I went back and found nearly all recent WaPo pieces that freak out are by her. - Ryan
View ArticleRe: "Cliff-diving is anti-Keynesian"
Yes, there are anti-Keynesian effects of "cliff-diving". However, sending the message to those approaching retirement that we are just at the beginning of a long series of cuts to Medicare and SS, is...
View ArticlePerspective from Galbraith
This is another excellent piece/interview with James Galbraith on SS and Medicare. My favorite part: "Galbraith also has a great rebuttal to those scary CBO charts showing entitlement costs surging,...
View ArticleWa Po Hysteria
About the only thing that will calm the Washington Post is a dose of Bankruptcy Depressant. Since the first step to treatment is admitting that you have a problem, this is not going to happen in the...
View ArticleThe fiscal cliff might also get the USA to reassess economic growth.
It is not clear to me that encouraging economic growth in the USA is really a worthy goal given the USA's carbon dioxide production that accompanies a high levels of economic activity. Perhaps a...
View ArticleGalbraith interview
Thanks, mcwop, that's a nice find. Here's my favorite quote by Jamie: [quote]The whole notion that there's this great deficit crisis which can only be dealt with by cutting SS, Medicare, and Medicaid,...
View ArticleABC This Week Roundtable
Always like your view even if I don't agree. Perhaps you should venture into somethink like Paul Krugman when he endures insults and snide comments when he does the This Week Roundtable and gives his...
View ArticleWhat is a decent consistent news source?
Aside from going over the Reuters/AP newswires, what do you guys recommend as a source of decent consistent neutral fact-based news? How can we avoid getting "duped by the press" by having a good...
View Article...
[b]Ryan[/b] wrote, [quote]Bart, great observation, I went back and found nearly all recent WaPo pieces that freak out are by [Lori M.][/quote] I read the dead tree edition of the WP, and my impression...
View ArticleEnvironmentalists against economic growth?
John Wright Norway has had better productivity growth than the USA with less than half the per capita CO2 emissions. Cuba has had ecnomic growth - despite very harsh sanctions - with about 1/10 the CO2...
View ArticleRe environmentalists against economic growth
I am not opposed to economic growth if it is properly accounted for. The current world economic "balance sheet" may be using Enron style "off balance sheet" accounting with a large and growing...
View Article...
[quote] While I appreciate your examples of Cuba and Norway, given that they represent about 16.129 million of the world's 6.973 billion or 0.2%, a skeptic could suggest these examples will not quickly...
View Articlethe financial cliff
it isn't the deficit which while important shouldn't be a concern until america rights its financial ship which would mean ending inequality. the "real financial cliff" is being produced by ben...
View ArticleTame the debt? Stop electing Republicans
Judging from the last thirty years or so, the best way to "tame the debt" would be to stop electing Republicans to Congress. Something tells me that's not what the WaPo is thinking, though... - Matt
View Article
