Real Fiscal Responsibility: What Chris Hayes Said

By: Tuesday September 9, 2014 7:12 pm

I’m interrupting my series on US Government Real Fiscal Responsibility since the Carter Administration to write about something Chris Hayes said relating to Real Fiscal Responsibility. Back in February of 2014, he tweeted:

“If you can run a deficit to go to war, you can run a deficit to take care of veterans.”

 

Real Fiscal Responsibility 5; Carter: Environmental Degradation

By: Sunday September 7, 2014 6:40 pm

This, the fifth post in a series evaluating the fiscal responsibility/irresponsibility of the Governments of the United States (mostly the Congress, the Executive Branch, and the Federal Reserve) by Administration periods, beginning in 1977 to 1981 with the Jimmy Carter period, will cover the performance of the Government on the environment and climate change aspect of “public purpose.” The previous posts discussed some basic definitions and assumptions of the series and evaluated Government performance relating to economic stagnation, living wage full employment, price stability/inflation, implementing universal health care, and educational reform.

Real Fiscal Responsibility 2; Carter: Stagnation and Unemployment

By: Sunday August 31, 2014 7:05 pm

This post continues my series evaluating the fiscal responsibility/irresponsibility of the Governments of the United States (mostly the Congress, the Executive Branch, and the Federal Reserve) by Administration periods beginning in 1977 with the Jimmy Carter period. My first post explained why I chose to start my evaluation with the Carter period, and also laid out my related definitions of fiscal sustainability, and fiscal responsibility.

Real Fiscal Responsibility I: Preliminaries

By: Sunday August 31, 2014 5:20 pm

This is the first in a lengthy blog series that will evaluate the US Government’s record on Real Fiscal Responsibility, Administration period by Administration period, since the Administration of Jimmy Carter in 1977. In evaluating the US Government’s record, it’s important to state clearly that I will be evaluating more than just each Administration and its activities.

The record of fiscal responsibility is not the product of the Executive Branch alone. It is the outcome of the interaction of the Executive with the two Houses of Congress and the Federal Reserve System, even on occasion the interaction of one or more of these with the Supreme Court. All bear joint, though not equal responsibility for the record of Government fiscal responsibility or fiscal irresponsibility, as the case may be, during each Administration period.

Tea Party Founder Told Live On Air ‘It’s Impossible For You To Have Been More Wrong’

By: Tuesday July 15, 2014 6:30 am

In 2009 when CNBC reporter Rick Santelli went on a rant about bailing out homeowners with government money and how people should protest like the American colonists with a Tea Party, a portion of the Republican Party’s base listened. What followed was a media storm where the GOP base re-branded themselves the “Tea Party” and went on to ride the public backlash against the financial crisis and bank bailouts to take over the House of Representatives.

Adventures in Twitter: Crisis & Recovery; Watching as UK Runs to Parliamentary Elections

By: Saturday April 12, 2014 12:00 pm

Yesterday it felt like I’d stumbled onto a political battlefield and I’m still trying to make sense of it all. Not an actual or even virtual battle. Yet, in what I saw was still a struggle in how difficult it often is, to simply make sure good information gets to the people who can make a change.

Austerity Is Crap: A Brief History of the #USMfuture Movement

By: Saturday March 29, 2014 11:44 am

Since the peak of the Great Society, on the first official Earth Day, captains of industry have engaged in a conspiracy to destroy the gains made for working people over the last century. These plans were laid out in the Powell Memo, which in addition to naming Ralph Nader as the most dangerous man in America, declared that a 30 year plan should be set in motion that seeks to place corporations and the wealthy elite that head them, firmly into positions of power within government, to remove the ability of the people to use government as an independent arbiter of law that would protect them against the abuses of the wealthy elite, and to stem the tide of citizen power that had grown throughout the 50′s and 60′s.

Here’s to a Less Prettied Up, Less Distracted, Less Disguised 2014

By: Thursday December 26, 2013 6:49 pm

I wonder if in the new year we could be less distracted by the manufactured b.s. — produced by the Democratic and Republican Parties — designed to make us hate the Reds or the Blues? Just a little less? Or if we can keep our eyes on the prize more steadily, the prize being changing the economy into one that makes full employment at good wages our number one ‘left wing radical’ priority.

Christmas Antidote: Actual News

By: Wednesday December 25, 2013 6:01 pm

Here’s a swig of actual news to wash down all those twee “human interest” pieces sticking in your throat.

Extended Unemployment Benefits End January 1

By: Tuesday December 3, 2013 6:47 am

Lost in the drama in DC is that many of the programs being cut or eliminated affect real people. One such program is extended unemployment benefits for the long term unemployed. While Wall Street has rebounded the economy for the 99% remains depressed and stagnant. Extended unemployment is all that is keeping some families from [...]

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