Category Archives: Uncategorized

The Great Depression gave the Nazi Party the opportunity to take power in Germany. Now, extremist groups are once again trying to use an economic crisis as a means to take power. Are we going to forget history’s lessons and … Continue reading →

From Bruce Bartlett in the Fiscal  Times: http://www.thefiscaltimes.com/Issues/Taxes/2010/09/17/Bush-Tax-Cuts-No-Economic-Help.aspx “The truth is that there is virtually no evidence in support of the Bush tax cuts as an economic elixir. To the extent that they had any positive effect on growth, it … Continue reading →

My (conservative) brother and his wife gave me this wonderful bumper sticker for my birthday…  Now how can you take a network seriously that produces a bumper sticker that is so easy to edit?

Visited the festival yesterday.  I’ve attached a couple of panoramas from the festival — click on them for a zoomable version.  I cropped the second one but left the first with raw edges.  No, the boats aren’t actually bent — … Continue reading →

A NYT column by Robert H. Frank makes a very coherent and logical argument for an additional stimulus to build and repair our crumbling infrastructure.  He says: “… Now, those stimulus payouts are waning, and are being offset by spending … Continue reading →

Ezra Klein has explained the projection published by the CMS (Centers for Medicare and Medicaid Services) of the costs of the new Health Care Reform act over the next 10 years.  It looks as if the cost curve really does … Continue reading →

Why do I have so many references to articles written by Paul Krugman?  Because, by sticking with a basic model (and  it’s not rocket science), he’s usually right.  At least according to himself…

For all those who think that government under Obama is growing out of control there is this from Menzie Chinn. Chinn adds a breakdown of federal, state, and local employment: Note the census ticks every 10 years.  Also note that … Continue reading →

Social Security really isn’t in trouble — unless you are math-challenged or intentionally being deceitful. Krugman says it better than I can. Si fractum non sit, noli id reficere.