Reply to Reinhart and Rogoff’s NYT Response to Critics

By: Sunday April 28, 2013 7:00 am

The intellectual dishonesty continues. As before, it’s the lie of omission.
R and R are familiar with my book ‘The 7 Deadly Innocent Frauds of Economic Policy’ and, when pressed, agree with the dynamics.

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.

Poverty Hits Record Levels as Washington Debates More Austerity

By: Wednesday April 3, 2013 7:35 am

While Washington debates cutting Social Security and Medicare the facts are in on the “recovery” – it’s a bust. Not only has unemployment remained historically high – 7.7% officially, 23% by the old metrics – but poverty has spiked to historic highs.

Durbin Not Optimistic About Grand Bargain

By: Wednesday March 20, 2013 10:20 am

One of the best pieces of news I have seen in awhile is that Sen. Dick Durbin (D-IL) is not very optimistic about a grand bargain being reached. He currently puts the odds at less than 50 percent.

Iraq: When “Everyone” Is Wrong Together No One Faces Consequences

By: Tuesday March 19, 2013 10:20 am

On the tenth anniversary of the war in Iraq it is worth remembering how many people were deeply wrong. Top politicians in both parties, administration officials, reporters, columnists, and even many bloggers. They were wrong about the weapons of mass destruction, about the links to Al-Qaeda, and about how quickly the war would end. Over the past decade basically none of these people have faced any repercussions for being so wrong. In fact many of them are still working at their same jobs or have much better jobs.

Pete Peterson Spent Half a Billion on Recent Push to Cut Entitlements

By: Thursday February 28, 2013 9:40 am

One of the big reasons that deficit hysteria gripped Washington for years despite dozens of more pressing issues is that Pete Peterson has spent the GDP of a small country propping it up. According to Joshua Green, Peterson spent half a billion on this current deficit push and plans to spend a half billion more.

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.

Obama Refused to Believe That Republicans Really Hate Taxes

By: Friday February 15, 2013 1:00 pm

House Republicans really really really hate new taxes. This is one promise from the GOP I do believe. It seems almost everyone from their base, to their donors, to independent voters believe this. Despite a mountain of evidence the only people who don’t seem to believe this are a small circle of professional grand bargain promoters, the “both sides are always equally to blame” pundits, and President Obama.

Republican Anti-Tax Pledge May Again Be What Protects Medicare and Social Security

By: Monday January 7, 2013 10:40 am

The best hope for protecting Social Security and Medicare from benefit cuts during the next round of manufactured crises continues to be the Republican unwillingness to accept any new taxes.

Obama Will Keep Pushing for More Deficit Deals

By: Monday December 31, 2012 1:50 pm

Obama could have used this revenue-increasing deal to finally pivot to immigration, education, climate change, gun control or any of a dozen other issues that have been completely neglected while Washington has been overwhelmed with deficit hysteria. There is no shortage of more pressing problems in America that need to be dealt with. Instead Obama seems to be signalling that much of his second term is also going to be consumed with his desire to get a balanced deal to reduce the deficit, and in Washington “balanced deficit reduction” is basically the code word for cutting entitlements.

CSM Ads advertisement
Advertisement
FOLLOW FIREDOGLAKE
LATEST FROM AROUND FIREDOGLAKE
Upcoming FDL Book Salons

Saturday, April 19, 2014
2:00 pm Pacific
Poison Candy: The Murderous Madam: Inside Dalia Dippolito’s Plot to Kill
Chat with Mark Ebner about his new book. Hosted by Beth Karas.

Sunday, April 20, 2014
2:00 pm Pacific
The Gulf of Tonkin Events – Fifty Years Later: A Footnote to the History of the Vietnam War
Chat with John White about his new book. Hosted by Pulitzer Prize winner Deborah J. Nelson.


Close