Turns out it wasn’t the bankers after all. It wasn’t the auto makers either. Or the Republicans. Detroit Free Press: How Detroit went broke: The answers may surprise you – and don’t blame Coleman Young Detroit is broke, but it … Continue reading
Paul Krugman: Dwindling Deficit Disorder For three years and more, policy debate in Washington has been dominated by warnings about the dangers of budget deficits. A few lonely economists have tried from the beginning to point out that this fixation … Continue reading
Daily Caller: Republican activists laughed at President’s Barack Obama’s claim that his new laundry list of spending programs won’t add 10 cents to the deficit. “Nothing I’m proposing tonight should increase our deficit by a single dime,” Obama told the … Continue reading
Dan Pfeiffer at the White House blog: Solving the Sequester: The Facts With less than three weeks before devastating, across the board cuts – the so-called “sequester” – are slated to hit, affecting our national security, job creation and economic … Continue reading
Pelosi: It’s really a false argument to say we have a spending problem Well, I think that sequestration is a bad idea all around. … The fact is, we’ve had plenty of spending cuts. … What we need is growth. … Continue reading
The first step is admitting you have a problem. That is the foundation of all recovery programs. We have a problem. We spend money like Michelle Obama on taxpayer-funded vacation. Even worse, forty cents out of every dollar we spend … Continue reading
If you’ve lost Stephen Colbert . . .