Commentary
Unicorns and Free Markets
One of the more depressing features of the discourse on the parlous state of our economy is the constant refrain from some about the need to allow ‘free markets’ to do their magic and fix our ills.
That’s nice.
Or it would be were free markets not like unicorns.
Both are beautiful and captivating. Their features send us… »
Poor Old Krugman
He’s getting glummer by the minute.
I can see why.
All the evidence piling up suggests that the best part of this recovery is now over, and that we are now entering a long, hard, and risk filled period of poor economic gains.
Not only this, but our policy options are in tatters. The sensible, text book approach… »
BP, Calamity, and Hypocrisy
The ongoing saga of the BP oil spill has generated an enormous amount of nonsense at practically every level. The media has made the story its central news item for weeks, and now the White House is piling on. None of the spewing forth helps at all. Most of it simply highlights our astonishing ability… »
A Pat On The Back
The New York Times offers us a good editorial this morning about the fuss being made over the potential loss of health care coverage for retirees now that the new reform law eliminates a subsidy that used to given to business.
It is a non-issue.
The subsidy being eliminated is one where companies were allowed to deduct,… »
Health Care and GOP Lies
Allow me to rant:
OK enough. Those of us who care about civil discourse are being drowned out by a torrent of diversion and outright lies propagated by Republicans who know better, but appear comfortable adding fuel to an already volatile mix.
I am referring to the myth being spread that Obama is trying to ram health… »
The Senate
Ok. It’s been a long week. Let’s have some fun:
Americans can be proud to live in a nation so well served by its elected bodies. In particular the Senate deserves praise for its resolute avoidance of anything resembling action. The nation has few opportunities to come together and make a collective statement, indeed it happens… »
Double Standard?
Ummm.
Why does it take only 51 votes to re-appoint Bernanke, but 60 to pass health care… »