Monthly Archives: October 2010

The anti-stimulus

From Ezra Klein “The government is now impeding an economic recovery. But it’s not for the reasons you often hear. It’s not because of debt or because of taxes. Nor has it scared the private sector into timidity. It’s because, … Continue reading

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Two columns about the super rich taking over America

http://robertreich.org/post/1263581986 http://www.nytimes.com/2010/10/07/opinion/07kristof.html?partner=rssnyt&emc=rss

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ESO’s best 100

If you like astronomy pictures, check out the European Southern Observatory’s (ESO) top 100.  Here’s a sample: This is M 83, a spiral galaxy about 15 million light years away, and, at 40,000 light years across, about 2.5 times smaller … Continue reading

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Federal Budget

This graphic was published in the New York Times last February.  It is the best depiction  of the budget I have ever seen, but it’s for Obama’s proposed budget.  I’m looking for a similar presentation of the  actual budget.

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The output gap — the difference between what we could produce and what we are producing

From Ezra Klein: “The output gap in two graphs” The bottom line:

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More Infrastructure

Ezra Klein agrees with me that now’s the time for investment in infrastructure. Edit: Andrew Samwick seconds Ezra Klein and adds this proverb: “The best time to plant a tree is 20 years ago.  The second best time is today.”

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Income Inequality

Timothy Noah published an interesting series on income inequality in Slate last month. Since about 1980 there has been a huge change in income inequality so that now the top 10% earn 50% of all income in the U.S.  The … Continue reading

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Another critique of the “Pledge to America”

This one by Edward Luce in the Financial Times, summarized by Brad deLong here. A quote from the full article in the Financial Times: “Either the Republican Party believes what it is saying, in which case it has no further … Continue reading

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The “Pledge to America” results in a worse deficit in 2020 than Obama’s budget

I don’t have time to do this right, but here is the link. I’ll flesh this out in a day or two.  Here is the bottom line:

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