Mark Gongloff — Krugman Trolls Deficit Hawks With One Amazing Chart

The Huffington Post
Krugman Trolls Deficit Hawks With One Amazing Chart
Mark Gongloff

Paul Krugman: Addicted to the Apocalypse

So the next time you see some serious-looking man in a suit declaring that we’re teetering on the precipice of fiscal doom, don’t be afraid. He and his friends have been wrong about everything so far, and they literally have no idea what they’re talking about.

Economist's View
Paul Krugman: Addicted to the Apocalypse
Posted by Mark Thoma | Professor of Economics, University of Oregon

Michael Stephens — The 0.2 Percent Solution: Some Advice for Debt Hawks

Pretty clear evidence that the objective of the debt and deficit hawks is not actually either, but rather a push to cut social spending as a matter of ideology. The economics doesn't support it, even the CBO figures.

Multiplier Effect

The 0.2 Percent Solution: Some Advice for Debt Hawks

Michael Stephens

Stephen Rosenfeld — Sell-Out Alert: 9 Democrats Already Caving to GOP On Social Security Cuts

Illinois’ Dick Durban, Washington’s Patty Murray Virginias Sen. Mark Warner, California’s Dianne Feinstein, Montana’s Max Baucus, West Virginia’s Joe Manchin, Delaware’s Chris Coons and Tom Carper, and Colorado’s Michael Bennett have all said either that they support cuts to entitlements in letters to constituents, or have put "everything" on the table for negotiation — and this is for starters.

But the biggest Democrat of all—and the one not drawing a line in the sand but possibly leading a historic sellout—is President Obama. In September 2008, when the senator from Illinois appeared before the AARP, Obama attackedRepublican nominee John McCain for suggested cuts to Social Security. As President, he has embraced those kind of cuts.

Alternet
Sell-Out Alert: 9 Democrats Already Caving to GOP On Social Security Cuts
Stephen Rosenfeld