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Paul Krugman
The Big Dither (Mr. President when you lose Paul Krugman you should pay attention)
The Big Dither By PAUL KRUGMAN (New York Times) Published: March 5, 2009 Last month, in his big speech to Congress, President Obama argued for bold steps to fix America’s dysfunctional banks. “While the cost of action will be great,” he declared, “I can assure you that the cost of inaction will be far greater, for it could result in an economy that sputters along for not months or years, but perhaps a decade.” Many analysts agree. But among people I talk to there’s a growing sense of frustration, even panic, over Mr. Obama’s failure to match his words with deeds.The Real Plumbers of Ohio
Pual Krugman just won the Nobel Prize for economics so I think he is an expert on this subject. Although it it comes from the ulta liberal New York Times it is a great article. Read it and let's discuss our reactions to it.8 Reasons Fox Is Not a News Organization
Even before Barack Obama was elected to the presidency, Rupert Murdoch had declared war on him via the personalities of Fox News Channel, a subsidiary of Murdoch's media conglomerate, News Corp.
Since Obama's election, the cable channel's hosts and paid analysts have launched a full frontal assault on the president, smearing his nominees, calling him a racist and suggesting that his administration was trying to persuade disabled veterans to off themselves.
Now the fearmongers at Fox are crying foul since the president and his aides declared Fox not to be a news organization.
Reuters on the U.S. Dollar
The next big political issue? The U.S. dollar Posted by: James Pethokoukis The state of the dollar probably hasn’t been a first-tier political issue in the United States since, say, the presidential election of 1896.The Politics of Spite
The Politics of Spite By PAUL KRUGMAN Published: October 4, 2009 There was what President Obama likes to call a teachable moment last week, when the International Olympic Committee rejected Chicago’s bid to be host of the 2016 Summer Games. “Cheers erupted” at the headquarters of the conservative Weekly Standard, according to a blog post by a member of the magazine’s staff, with the headline “Obama loses! Obama loses!” Rush Limbaugh declared himself “gleeful.” “World Rejects Obama,” gloated the Drudge Report.Its not healthcare...it is a political problem.
Friday, August 28, 2009A blog by Daniel Shaviro ............................http://danshaviro.blogspot.com/
Krugman comes around?
In reading Paul Krugman, it's important to resist Broderism, or centrism for its own sake. For example, his saying harsh things about the Republicans, or arguing that the stimulus package needs to be much bigger than the political consensus has it, sound "extreme" in the standard Washington framework, but ought to be evaluated straight on the merits, where they often prove more convincing than the "reasonable" competition.
A Failure of Capitalism
Richard A. Posner (Atlantic Magazine) A Failure of Capitalism Aug 18 2009, 3:16PM Honesty about the Stimulus On August 6, Christina Romer, the chairman of the President's Council of Economic Advisers, gave a talk entitled "So, Is It Working? An Assessment of the American Recovery and Reinvestment Act at the Five-Month Mark."Have You Heard Ken Gladney's Story?
Have You Heard Ken Gladney's Story? By Andrew Breitbart The first round of protests against the Obama administration's chaotic and rapid-fire expansion of government came in the form of grass-roots "tea parties," which were predictably met with scorn by the Democrat-Media Complex (the natural coalition of the Democratic Party and the mainstream media.) CNN's Anderson Cooper and MSNBC's Keith Olbermann and Rachel Maddow led the charge, declaring concerned Americans "tea baggers," an allusion to an absurd sexual fetish beneath describing in a family newspaper. This attack on hundreds of thousands of people practicing their constitutional right to protest speaks volumes not just about the hardened sociopolitical leanings of America's journalistic elite, but about the brazenness with which they are now wielding their unprofessionalism.A Nation Driven by Small Business & Other Myths
US Economic Myths Bite the Dust http://www.commondreams.org/view/2009/08/14-6 The Great Recession is allowing some widely held beliefs about the US economy – which were the source of much evangelism over the last few decades – to run up against a reality check. This is to be expected, since the United States has been the epicentre of the storm of policy blunders that caused the world recession. This month my CEPR [Center for Economic and Policy Research] colleagues John Schmitt and Nathan Lane showed that the United States is not the nation of small businesses that it is regularly dressed up to be for electoral campaign speeches and editorials.The Stimulus Is Definitely Working?! (Forbes)
The Stimulus Is Definitely Working?! Thomas F. Cooley and Peter Rupert, 08.26.09, 12:01 AM EDT Proponents ignore both fact and reasoning.
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