While President Obama dedicated a significant portion of his State of the Union speech to deficit reduction is not totally unexpected, it is truly disappointing. Not only did Obama spend more time on the deficit than on any other issue, but he placed it at the begin of the speech and effectively labeled it the top priority.
|By: Jon Walker Tuesday February 12, 2013 7:16 pm|
|By: Jon Walker Tuesday May 1, 2012 9:45 am|
Every time Washington goes through a new bout of deficit hysteria, it’s important to remember that most of the politicians warning about the dangers of the annual deficits or the national debt don’t really care about them.
|By: Jon Walker Tuesday January 17, 2012 8:20 am|
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.
|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.
|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.
|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.
|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.
|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.
|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?
|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.