Obama’s “mess of pottage”

By: Thursday April 11, 2013 8:35 am

Barak Obama is the first Democratic president to advocate cutting Social Security benefits. Whatever happens next, this is a historic change of direction for his party and an ominous turning point for the American social/economic compact.


The Circle of The Vulnerable Is Much Larger Than They Thought

By: Monday March 18, 2013 2:55 pm

We are all inside that circle. If they had thought through the implications of what they planned to do with the Chained-CPI-Social Security cuts and cuts to medical care, they would have realized that everyone is affected in the end. In the final analysis we are all connected.

Obama’s Right-Hand-Man Offers Social Insurance Program Cuts, Again.

By: Monday March 4, 2013 8:43 am

According to a report, Gene Sperling, a senior White House economics adviser, offered to cut social insurance programs as a solution to the sequester budget cuts. Yesterday.

Sperling: Obama Wanted Sequester to Force Democrats to Accept Entitlement Cuts

By: Thursday February 28, 2013 8:50 am

The way Obama has handled basically every manufactured crisis from the debt ceiling, to the Bush tax cuts expiration, to the sequester has been about trying to force both Democrats and Republicans to embrace his version of a “grand bargain.” While it is clear this has been the driving force behind Obama’s decisions, if you pay close attention to his actions is is rare than an administration official will directly admit this. This is actually what I think it most interesting about the recently leaked email exchange between Bob Woodward and Gene Sperling up on Politico.

Gene Sperling: Medicaid Is Safe, Medicare Is Not

By: Friday February 1, 2013 1:14 pm

The one upside to the Supreme Court making the Medicaid expansion in the Affordable Care Act optional is that it has stopped the Obama administration from trying to cut it. Senior economic adviser Gene Sperling confirmed that the administration sees taking Medicaid completely of the table as necessary to make Obamacare function.

The GOP Has a “Fiscal Cliff” Math Problem

By: Tuesday December 4, 2012 9:30 am

Until the Republicans figure out a way to make the math work their offer cannot be considered a serous plan, because it is not even a “plan.” A plan requires specific ideas that at least stand a chance of achieving the stated goal.

Buffett Rule Not Really a Rule

By: Thursday September 22, 2011 8:48 am

I have to agree with The Economist that this policy is trivial, even if you agree (as I do) with the component parts. “Our economy is riddled with a multitude of deeply-embedded structural flaws that allow the well-connected to enrich themselves at the expense of the rest of us, but nobody will do anything about it.” And yes, that was on the website of The Economist.

CNN Interviews on Debt Deal: Knaves, Thieves and Liars

By: Sunday July 31, 2011 8:23 am

There were no guests to represent the victims of this deal, and there will be tens of millions of them. CNN invited no one who could explain or argue what a terrible deal this would be for the nation. The nation’s economy, the elderly, the poor and the unrepresented are about to take a serious drubbing, but thank the gods both Democrats and Republicans, Congress and the President will willingly administer the beatings and continue them until morale improves.

Obama’s Political, Economic Advisers Say Jobless Rate Won’t Matter in 2012

By: Thursday July 7, 2011 2:13 pm

I’ve always thought the pent up anger at George Bush and the frustration from the Bush years would have allowed Daisy Duck or the Chipmunks to win the Presidency in 2008. So the trick was to elect someone who understood that anger and was prepared to reverse all the reasons it existed. Sure, the Obama message people understood this, but so did my cat. Now the people who helped Obama defraud voters by channeling everyone’s hope for change have convinced themselves he won the election because they’re political geniuses.

DCCC and CREEP Want My Money to Re-Elect President Romney’s Econ Team

By: Thursday June 9, 2011 5:30 pm

I keep getting requests for donation from the DCCC and Obama’s campaign, at the same time I read stories of his economic team making arguments you’d expect to hear from President Romney. I’d rather cut out pictures of rotten tomatoes.

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