An Imminent Spending Blitz (?) and the Debt Ceiling
Body: About Two and a half months ago, Mike Norman pointed out that when Federal spending and tax collections in fiscal 2012 were compared with those for the same calendar date in 2011, data from the...
View ArticlePresident Obama Gave Speaker Boehner the Debt Ceiling to Play With in 2010
Body: Disclaimer: This forum rules like the moderator. I'm talking about a different one that tends to skew towards Obots in an orange way.And here we are again! It started in 2010. The Bush tax cuts...
View ArticleRationalization and Obligation, Part VI: What He Ought to Do, What He...
Body: By Joe FirestoneThis is Part VI of a six part series replying to a claim by the President at his recent White House News Conference.Part I covered the News Conference and the first two (the...
View ArticleOff the Debt Limit Hook for at Least the Next Four Months
Body: Provided that the Senate and House follow through on the scenario now on the table, it looks like the game of chicken worked for the Democrats this time. We're off the hook on default and...
View ArticleDoes the Debt Ceiling Have to Be Raised?
Body: Lately, the word out of Washington, DC from the plugged in people is that there will be no debt ceiling crisis coming up before the election. Politico says so, and so does the National...
View ArticleThe Village Still Ignores the Most Important Point
Body: In recent posts I reviewed two commentaries by Abby Huntsman on Social Security and other entitlements, also noting points made in other critiques of her narratives. Abby's commentaries are here,...
View ArticleMisdirection: Rampell Views Entitlements Through the Generational War Lens
Body: Some of the favored children of the economic elite who have a public presence, work hard in their writing and speaking to divert attention from inequality and oligarchy issues by raising the...
View ArticlePeterson/CBO Beat for Austerity Goes On!
Body: Recently, I've been writing about oligarchs advocating for entitlement cuts and austerity. I've discussed attacks on entitlement benefits for the elderly from Abby Huntsman (of MSNBC's The Cycle)...
View ArticleFiscal Myths of Campaign 2016: A New Kindle e-Book
Body: Most of the world, and most notably the United States, are in the grip of fiscal myths fostered by the ideology of neoliberalism. There is virtual unanimity across the major political parties in...
View ArticleSome Platinum Coin Objections from the Mainstream: Part V
Body: This is Part V, and the conclusion, of the series providing my reply to Philip Wallach’s reply to my evaluation of his views on the platinum coin proposal and other options for settling debt...
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