The real world is about to disrupt standard Keynesian thinking. It’s about time.
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Huelskamp is one of the good guys. He has some backbone and is willing to push back against the GOP establishment.
All Bernanke has done is give himself permission to fund government deficits forever. That’s all.
Alchemy is defined as “the capability of turning base metals into gold.” Bernanke goes one better: he turns worthless government promises into purchasing power.
I suggested that the inmates want to run the place. Unfortunately, they already are.
Maria is a mouthpiece for the establishment on Wall Street. She is delivering a message to Obama.
Truth seems truer somehow when discovered by those trained not to see it.
Considering the precarious position the country is in, it’s amazing that Congress looks like it’s going to do everything it can to put off into the future – punt, kick the can, whatever you choose – to avoid making any hard decisions today. I agree with Mark Twain.
It didn’t take long for some ignoramus (as usual, a college professor) to explain one-half of the broken window fallacy concerning the economic impact of Hurricane Sandy: it’s going to be good! All good! Yes! Here’s the story line from this fellow: Disasters can give an ailing construction sector a boost, while unleashing reinvestment that actually [...]
It’s all about how you frame the question, isn’t it? The issue appears to be tax cuts for the rich: should we or shouldn’t we? By framing the question that way, discussion is limited. By re-framing the question, it changes the answers. Thanks to Investors Business Daily for pointing this out. President Obama warned that [...]