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Category Archives: Finance and economics

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Cutting entitlements is a hard and thankless task…

The New Neo Posted on March 12, 2013 by neoMarch 12, 2013

…and most of the Republicans in Congress don’t really seem to want to do very much of it. There’s a reason for that: human nature. Such cuts are unpopular with people. Ever since the 1930s, this country and Europe have … Continue reading →

Posted in Finance and economics, Liberals and conservatives; left and right, Politics | 13 Replies

The sequester: Bob Woodward say Obama’s a liar

The New Neo Posted on February 23, 2013 by neoFebruary 23, 2013

No, he doesn’t use the l-word. But he says it nonetheless, and in the WaPo. Of course, the days when Bob Woodward could make presidents shake in their shoes are long gone. Not sure anybody cares now. There’s much more … Continue reading →

Posted in Finance and economics, Obama, Politics, Press | 34 Replies

Fun with statistics

The New Neo Posted on February 10, 2013 by neoFebruary 10, 2013

Revisiting income inequality. I say “revisiting” because of this earlier post of mine on the subject.

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Posted in Finance and economics | 14 Replies

So, here’s my question for Nancy Pelosi:…

The New Neo Posted on February 10, 2013 by neoFebruary 10, 2013

…when you say it’s “almost a false argument,” does that mean it’s like, you know, true?: It is almost a false argument to say we have a spending problem. We have a budget deficit problem that we have to address,” … Continue reading →

Posted in Finance and economics, Language and grammar, Politics | 32 Replies

On the deeply flawed CBO scoring of Obamacare, and what it means

The New Neo Posted on February 7, 2013 by neoFebruary 7, 2013

Read this and get angry about Obamacare all over again. Remember how it had to receive a good report from the CBO in order to be passed? Well, here’s how the smoke and mirrors worked: In sum, the scorekeeping baseline … Continue reading →

Posted in Finance and economics, Health care reform | 11 Replies

Miscellany: unemployment up…

The New Neo Posted on February 1, 2013 by neoFebruary 1, 2013

…but that’s actually good, according to Alan B. Krueger, the White House Chairman of the Council of Economic Advisers. Or something like that. And then there’s the news that, under Obamacare, the “bronze” plan for a family would cost about … Continue reading →

Posted in Finance and economics, Health care reform, Obama, Politics | 20 Replies

Surprise! Unexpected! Economy contracts in fourth quarter

The New Neo Posted on January 30, 2013 by neoJanuary 30, 2013

How long can the media continue to be surprised by negative reports on the economy? And why are the rest of us not surprised? Or is the media only feigning its surprise? Now, I understand that this is the first … Continue reading →

Posted in Finance and economics | 36 Replies

Backing off on the debt ceiling battle

The New Neo Posted on January 18, 2013 by neoJanuary 18, 2013

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 →

Posted in Finance and economics, Liberals and conservatives; left and right, Politics | 32 Replies

Between the cliff and the ceiling

The New Neo Posted on January 14, 2013 by neoJanuary 14, 2013

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 →

Posted in Finance and economics, Politics | 39 Replies

Obama’s right: we don’t have a spending problem

The New Neo Posted on January 8, 2013 by neoJanuary 8, 2013

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 →

Posted in Finance and economics, Obama, Politics | 51 Replies

The public and the fiscal cliff negotiations

The New Neo Posted on January 8, 2013 by neoJanuary 8, 2013

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 →

Posted in Finance and economics, Obama, Politics | 31 Replies

So…

The New Neo Posted on January 4, 2013 by neoJanuary 4, 2013

…will this be blamed on Republicans, Obama, Democrats, all three, Bush, or the Jews?

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Posted in Finance and economics, Politics | 12 Replies

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