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The Hard Cash Costs Of The Mental Recession

We give a hat tip to Paul Krugman for recalling the infamous 2008 statement by Phil Gramm, then-presidential candidate John McCain's top economic advisor, that what Krugman is now calling the "lesser Depression" was really nothing more than a figment of our...

Tax Cuts Are Theft

(This post was originally dated August 9, 2010) Conservatives like to say that taxes are theft. In fact it is tax cuts that are theft because they break a long-standing contract. The American Social Contract: We, the People built our democracy and the empowerment and...

The Sununu Spin

I've always loathed this jerk, but he is always one of those guys who is wiling to come right out and defend the indefensible, so you have to give him a sort of credit: Transcript via Think Progress: SUNUNU: Let me respond as a taxpayer, not as a representative of the...

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