Showing posts with label deficits. Show all posts
Showing posts with label deficits. Show all posts

Tuesday, January 22, 2013

KRUGMAN ON DEFICIT SCOLDS

The reality, first, is that the deficit scolds — who are, after all, making a living by scolding — depend on constant warnings of imminent fiscal crisis to drum up interest. Saying that it’s a longer-term issue, and not our first priority right now, is not something they can afford to hear.
Ain't that the truth?  Read Krugman's post.

Thursday, October 25, 2012

HE WHO MUST NOT BE NAMED

Is it just me, or does anyone else find it passing strange that the name of the most recent Republican occupant of the Oval Office is never mentioned by the members of his own party, not even in whispers?  Republicans reach back to Ronald Reagan and even as far back as Abraham Lincoln, but George W Bush has been effectively airbrushed out of Republican history.  W has not been seen nor heard from during the campaign, nor at the convention.  Which Republican candidate for public office trumpets an endorsement from George W Bush?  He's the invisible man.  Come to think of it, the Republicans are silent about W's father, George H W Bush as well.  It's as though the two presidencies never happened.  And that's not to speak of Richard Nixon, whose presidency never happened, either. 

Democrats have not forgotten W and often speak of the wars, the deficit, the tax cuts for the rich, and the economy in deep recession, on the brink of a depression, that he bequeathed to the country and to the president who came after.  How ironic that Republicans blame Obama for the last 12 years with nary a mention of George W Bush.  As Democrats say, the election of Romney would take us back to W's policies, but "on steroids".