by Digby | Jan 14, 2013 | The Sequester
Krugman says that he gets phone calls: The White House insists that it is absolutely, positively not going to cave or indeed even negotiate over the debt ceiling — that it rejected the coin option as a gesture of strength, as a way to put the onus for avoiding default...
by Digby | Jan 11, 2013 | Blog
It remains one of the strangest and saddest aspects of our current economic debates that nobody seems to care all that much about our still painfully high unemployment. And it's probably a lot higher than we know: In December, the Bureau of Labor Statistics counted...
by Digby | Jan 9, 2013 | Blog
Well, just a shot across the bow, so far: A conservative advocacy group is targeting Senate Minority Leader Mitch McConnell with a series of online ads in his home state for helping to negotiate the fiscal cliff deal. “It’s a statement we’re making and I suspect there...
by Digby | Jan 8, 2013 | Blog
I hope Greg Sargent is right about this: It’s true that Boehner insists above that Republicans won’t back down from the demand that spending get cut by the same amount as the debt ceiling rises. But all that really means is that they will use the size of the debt...
by Digby | Jan 7, 2013 | Blog
Why Austerity May Be Worse Than We Thought--And Hard To Predict Taking an axe to a governmental budget can cut off growth in a most troubling way. Indeed, austerity has proved worse for a country than most economists suspected. That is, in essence, what a new IMF...
