Backing off on the debt ceiling battle
I bet a lot of you will disagree, but I think that, on the whole, the GOP is right not to choose this particular hill to die on. Kicking the can down the road may not usually be such a … Continue reading →
Category Archives: Finance and economics
Between the cliff and the ceiling
Seems we’ve only just negotiated the fiscal cliff (for the moment, anyway; the fight is certainly not over), and now we face the debt ceiling. Defining some terms. The article discusses the use of the word “default,” and why it’s … Continue reading →
Obama’s right: we don’t have a spending problem
Got your attention, didn’t I? It’s not that I agree with Obama when he said to John Boehner that the US doesn’t have a spending problem. But it’s all in how you look at it. If you believe certain things, … Continue reading →
The public and the fiscal cliff negotiations
Who does America blame (actually, disapprove of) in the recent fiscal cliff negotiations? Boehner, of course—but not by so very much, and certainly not by as big a margin as I expected: Fifty-one percent disapproved of Boehner’s efforts in budget … Continue reading →
So…
…will this be blamed on Republicans, Obama, Democrats, all three, Bush, or the Jews?
Continue reading →The fiscal cliff deal—so far
If you want to read at length about the latest in the fiscal cliff negotiations and legislation, go to Memeorandum and get cracking. But here’s my shorter two cents: After doing a lot of reading on the right side of … Continue reading →
Congress’s fiscal cliff deal
Here’s the way it stands so far: ”” Tax rates will permanently rise to Clinton-era levels for families with income above $450,000 and individuals above $400,000. All income below the threshold will permanently be taxed at Bush-era rates. ”” The … Continue reading →
Fiscal cliff deal?
Note the question mark; I don’t trust any reports of a deal until it’s set in stone. Maybe not even then. So, for what it’s worth, here are the supposed details of the supposed agreement. You can wade through them … Continue reading →
All we have to do to fix the deficit…
…is create more jobs and growth. Easy-peasy, dummyheads. Why didn’t I think of that? So, let’s get cracking and do it! Only question is—how?
Continue reading →What about gun insurance?
Megan Mcardle mulls over the proposal to make gun owners buy gun liability insurance, and finds it wanting for a host of reasons. Most of her arguments make sense to me, although I disagree with this particular point of hers: … Continue reading →
Income inequality: left and right
It’s a topic you hear a lot about these days, especially from the left: the growing gap in income inequality, and what it means for the country. If you’re interested in reading a fascinating perspective on the concept from the … Continue reading →
Boehner…
…had this to say:
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