by Digby | Feb 8, 2013 | The Sequester
Poor Krugman. He must be tired of trying to make people understand that austerity is the wrong prescription for the economy. But he soldiers on. Thank God. This week he takes on the situational Keynesians of the GOP who are now crying about the ill economic...
by Stan Collender | Feb 8, 2013 | The Sequester
When I was much younger, I helped start a monthly breakfast meeting for a handful of inside-the-beltway budget wonks. The group has gotten considerably larger over the past three decades and its makeup – Democrats and Republicans, former House and Senate staffers,...
by Bill Scher | Feb 7, 2013 | Economy, The Sequester
The Wall Street Journal editorial board today is counseling Republicans that the looming across-the-board spending cuts known as the "sequester" are "unscary" and preferable to any compromise that would raise more revenue. Why should taking a meat ax to the federal...
by Richard Eskow | Feb 6, 2013 | Economy, The Sequester
Whom the gods would destroy, the old saying says, they first make mad. And there's no quicker way to become completely untethered than to read economic reports, including the latest one from the Congressional Budget Office, and then watch the political debate go on as...
by Derek Pugh | Feb 6, 2013 | The Sequester
Do House Republicans really believe they have their constituent’s best interests at heart? Obviously not, due to their receptiveness to deep cuts in vital social programs while simultaneously safeguarding the wealthiest American’s from paying more. Do House...
by Robert Borosage | Feb 6, 2013 | Economy, The Sequester
Moderation in a madhouse is a dubious virtue. A balanced dose of poison may mask, but doesn’t stop the damage. Yet, this is what President Obama was reduced to in Washington's Mad Hatter budget debate. Here is a brief guide through the garble: 1. We can’t cut our...