The options and choices before Americans seem to become clearer and clearer. ==================== The real lesson from Europe,” wrote Paul Krugman in January 2010, “is actually the opposite of what conservatives claim: Europe is an economic success, and that success shows that social democracy works.” [Oh?] Here are some postcards from the social democracy that works. • In Britain, 239 patients died of... Read more
Archive for the ‘Economics’ Category
An Opportunity For Major Reform, If We Can Take It
July 27 | Posted by mrossol | Debt, Economics, ObamaCare, Party PoliticsSome thoughts on a July 19, WSJ article… =================== Emil W. Henry Jr.’s “America’s Debt-Ceiling Opportunity” (op-ed, July 19) clearly states what should be obvious to all: The federal government is extremely poorly run and ignores the basic rules of business economics and accounting. In fact, it often crosses the line into what would be criminal for the rest of us. As an... Read more
Obama Playing Russian Roulette? – R Benko
July 26 | Posted by mrossol | Economics, Obama, Party Politics, US DebtRight on the money… =========== Ralph Benko, Forbes-commentary: President Barack Obama is on the verge of terminally discrediting himself by playing some very bad games very badly. The means of avoiding default are crystal clear. Obama is not just ignoring them, but evading them. He is guilty of playing Russian Roulette with America’s creditworthiness. His administration is playing Three Card Monte with... Read more
