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Showing posts with label deficit reduction. Show all posts
Showing posts with label deficit reduction. Show all posts
Monday, May 16, 2016

Said Milani — Donald Trump’s Pledge to Defend Spending for Old and Poor Belied by Staff Picks

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The odor of bullshit is in the air. Trump is sending contradictory signals, and actions speak louder than words. Trump’s hiring of two s...
Wednesday, November 5, 2014

Ryan Grim — Voters Driven By Anger At Economy Reward Republicans At Polls

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Democrats and the president are in a difficult political spot, getting blamed for a sagging economy that they have little power to improve ...
2 comments:
Friday, February 7, 2014

Joe Conason — What Republicans Hope You Don’t Know and Never Find Out

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Unsurprisingly, perhaps, it is Republican voters, misinformed by Fox News, who most fervently and consistently insist on these mi...
Monday, June 3, 2013

Brian Lucking and Daniel Wilson — Fiscal Headwinds: Is the Other Shoe About to Drop?

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Federal fiscal policy during the recession was abnormally expansionary by historical standards. However, over the past 2½ years it has beco...
Wednesday, May 22, 2013

Mark Gongloff — Bernanke Tells Congress Fighting Unemployment Is A Better Cure For Government Debt Than Austerity

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"The loss of output and earnings associated with high unemployment ... reduces government revenues and increases spending on income-su...
21 comments:

David Ferguson — Ted Cruz: ‘I don’t trust the Republicans’

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Ted Cruz: ‘I don’t trust the Republicans’ (via Raw Story ) On Wednesday afternoon, while speaking on the Senate floor, Tea Party darlin...
Sunday, April 21, 2013

Bozo Watch — Bowles-Simpson go on the attack in spite of Reinhart-Rogoff debacle

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On April 19, just after I had written about how the key academic research used to bolster austerity policies was exposed by a 28-year-old g...
Thursday, April 11, 2013

Michael Hudson — Obama’s Catfood Reform

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Video and transcript. Michael Hudson Obama’s Catfood Reform Paul Jay interviews Michael Hudson

Bill McBride — Jan Haztius: "The Rapidly Shrinking Federal Deficit"

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Goldman research note from Jan Hatzius. Calculated Risk "The Rapidly Shrinking Federal Deficit" Bill McBride One strange ...
13 comments:
Sunday, April 7, 2013

Ryan Grim — Chained CPI Only Acceptable As Part Of 'Balanced Package,' White House Says

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OMG. What's the superlative of moronic? The president's move makes him the first Democratic president to propose cutting Social S...
Saturday, April 6, 2013

Jim Kuhnhenn — Obama: Proposed Budget Not His 'Ideal Plan'

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President Barack Obama says his soon-to-be released budget, already criticized by friends and foes, is not his "ideal plan" but o...
10 comments:
Friday, April 5, 2013

Kevin Drum — I Doubt That Obama Really Expects a Grand Bargain With Republicans

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There's nothing in this proposed "deal" for the GOP, and Obama knows it. It's posturing to look "serious" abou...
8 comments:
Thursday, February 14, 2013

Idiotic fixation with deficit reduction

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You can't balance the budget by raising taxes and cutting spending. Reducing the government's deficit also reduces the non-governme...
7 comments:
Friday, January 4, 2013

Reuters — CEOs Slam Fiscal Cliff 'Disaster,' Call For Specific Deficit Reduction Plan

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Some in the business community are calling for a change in strategy due to the meager results of the fiscal cliff deal. "It doesn'...
36 comments:
Friday, December 21, 2012

John Harvey — Our Christmas Gift from Washington: Recession and Unemployment

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At this very moment, our government is carefully selecting our present (although, strictly speaking, we won’t be receiving it until 2013). ...
3 comments:
Thursday, October 11, 2012

CNBC Interview: Simpson-Bowles-Blankfein on Fiscal Policy

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Video just in from CNBC...  we report, you decide ;) (Updated to now include entire > 30 min segment)
6 comments:
Tuesday, November 22, 2011

James K. Galbraith sees failure of the debt-deal as positive

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The probable failure of a U.S. congressional committee to reach agreement on at least $1.2 trillion in deficit reductions by this week’s d...
12 comments:
Tuesday, November 8, 2011

Mike Bloomberg jumps on the fiscal austerity bandwagon with one horribly misguided speech

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Mike Bloomberg's speech to the Center for American Progress (a liberal think tank, no less), touting his remedy of hard fiscal conserva...
16 comments:
Friday, October 21, 2011

Investigative report exposes the deficit hawks

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Groups like the CRFB and the Concord Coalition, founded by former Congress members in the 1980s and ’90s, have long presented themselves as ...
2 comments:
Friday, September 16, 2011

Panetta Starts Singing Contractors’ Tune After Closed-Door Meeting — Robert Greenwald and Derrick Crowe

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When the cost-cutting begins in earnest, it's about whose ox is going to be gored and who have the most clout to protect their own oxen....