The Obama administration’s new budget for fiscal year 2013 (begins October 2012) is apparently going to be so bad they have decided to start warning some liberals ahead of time. It’s a direct result of Obama’s incredibly misguided pivot last year to spending cuts and deficit hysteria, a huge political and policy mistake.
White House Warning Means Obama’s Next Budget Will Be Really Bad |
| By: Jon Walker Tuesday January 17, 2012 8:20 am |
Washington Post Runs Another Front Page Editorial About the Deficit |
| By: Dean Baker Wednesday December 28, 2011 12:30 pm |
The Washington Post used a front page, above the fold article, to complain that Congress and President Obama had not done as much as it would have liked to reduce the deficit. What the Post failed to reports is that many people around Washington and across the country applauded this failure as a great victory.
Political Forces Lining up to Raise Medicare Retirement Age |
| By: Jon Walker Friday September 9, 2011 1:00 pm |
The threat to Medicare is very real and pressing. Over the past several months more and more political forces in Washington have being slowly lining up behind a campaign to raise the Medicare eligibility age.
This most recent effort really got started when Sen. Joe Lieberman (I-CT) and Tom Coburn (R-OK) put forward a bill to raise the Medicare retirement age in late May.
Pelosi’s Picks for Super Committee Embrace Tea-GOP Economics and Budget Gibberish |
| By: Scarecrow Tuesday September 6, 2011 5:07 pm |
If you’re hoping that the Nancy Pelosi’s picks for the Congressional Super Committee have either the wisdom or courage to stand against the job-killing spending cuts Obama and Congress imposed on the nation, you’ll be disappointed.
Deficit Hysteria Wins: GOP Congress, Obama White House Succeed in Stopping Jobs Growth |
| By: Scarecrow Sunday September 4, 2011 6:00 pm |
The US economy managed to create virtually zero jobs during August, leaving the unemployment rate at 9.1 percent. And revised estimates lowered the number of jobs created in July. With the GOP Congress and the Obama White House still paralyzed by mindless deficit hysteria and unwilling to fund any credible effort to create jobs, the economy is stalled.
Yes, Medicare for All is the Best way to Radically Shrink the Deficit |
| By: Jon Walker Thursday August 11, 2011 11:30 am |
The only thing worse than Washington being foolishly swept up in unnecessary deficit hysteria when our political leaders should be focused on jobs, is that all these so called “deficit hawks” entirely ignore the actual best solutions to shrink our long term deficit. That is why it is encouraging to see more regular exposure of the fact that adopting Medicare for All is the best way to address our long term deficit concerns.
Elizabeth Drew Wants a Better President, Also a Pony |
| By: Scarecrow Monday July 25, 2011 2:00 pm |
You can hardly blame the growing number of decent folks, long respected, admired writers like Elizabeth Drew, who are now, or still, calling on Barack Obama to stop being a wimp, a disappointment, a terrible negotiator, or a betrayer to his people, principles and Party and become a better President. But he won’t, people, so what’s plan B?
David Brooks Is Disgusted . . . With the Wrong People |
| By: Scarecrow Tuesday July 5, 2011 3:03 pm |
David Brooks is disgusted at the Tea-GOP Zombies. In another bridge-burning column, he calls out the Tea-GOP Zombies for being not only ideological zealots “unable to accept compromise,” but also anti-intellectual morons having “no sense of moral decency.”
But before you cheer Brooks’ acknowledgement of what the rest of the planet realized long ago, consider what it is Brooks believes is morally indefensible versus what is reasonable and wise.
Mitt Romney: Obama Failed Because We Needed a Larger, Longer Stimulus |
| By: Scarecrow Tuesday June 28, 2011 3:54 pm |
Romney is hinting that the economy — the fire — needed not just more stimulus, but longer-lasting stimulus. Instead of pouring on a little gasoline to kick start the fire, we’d needed a slow-burning log that would provide fuel for a longer period.
Does the New York Times Know Our Politicians Speak Gibberish about Deficits? |
| By: Scarecrow Sunday June 26, 2011 1:15 pm |
For reasons known only to its publishers, the New York Times has chosen to assign reporters and editors to the budget/deficit negotiations who seem oblivious that the politicians they routinely quote are speaking gibberish, without any effort by the Times to explain it’s gibberish.


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