If Obama insists on unsubscribing from us, we can unsubscribe from him.
Archive for the ‘Macroeconomic Policy’ Category
Robert Zoellic goes gold bug, and the strange US lock on the World Bank presidency.
Sacrificing the real economy – where people earn incomes by providing goods and services that other people buy – to worries about fiscal balance is insanity. We’re not “living beyond our means”: we have the capacity to produce more than we now consume. The problem is the under-utilization of that capacity, and the solution is fiscal stimulus.
Cutting public spending in a deep recession is folly.
An infrastructure bank is a proposal no reasonable person could oppose; therefore Republicans will oppose it. But don’t despair; for every stupid Republican argument against it one can construct an equally stupid Democratic argument for it.
Matt Bai thinks that Social Security is in trouble because he can’t tell the difference between playing the lottery and owning Treasury Bills. He’s an easy mark for spin doctors.
There’s an easy way to improve health care, improve the national economy, help out the states, and tell Mitch McConnell to stuff it. What could be bad?
The Obama spending freeze sure looks idiotic at first glance. At second glance, let’s consider two words. (1) Baseline. (2) Logroll.



