The Republican Anti-Tax Position Is Rapidly Crumbling Under the Weight of Deficits

The Republican Anti-Tax Position Is Rapidly Crumbling Under the Weight of Deficits: “There is some evidence that House Republicans are starting to get the message that their tax position is crumbling. On May 11, a senior Republican staffer told Atlantic reporter Derek Thompson that his party’s position on taxes is intellectually dishonest. ‘There are two …

It’s Not About the Deficit

It’s Not About the Deficit: Kevin Drum: Whos Being Serious Here?, by Kevin Drum: Paul Ryan has taken to asking if President Obama is ‘an Erskine Bowles Democrat or a Nancy Pelosi Democrat?’ Well, if this is the best that Bowles can do, I guess it makes Obamas choice a lot easier: ….Mr. Bowles had …

Political Illusions

Political Illusions: Tyler Cowen writes a column that is both good and bad. It is good for what it says: it debunks fiscal illusions. It is bad for what it does not say, and for what it does not say it tends to deepen our political illusions. You see, for some reason Tyler Cowen does …

Three Steps Toward a Balanced Budget

Three Steps Toward a Balanced Budget: “Our personal and national relationship to debt is indeed a moral issue. Leaving our children to pay the bills for excessive spending cannot be justified. But, if a budget really is a moral document, how we reduce the deficit is also a moral issue. Our budget should not be …

Budget Sense and Nonsense « The Baseline Scenario

Budget Sense and Nonsense « The Baseline Scenario: “So, let’s recap. The medium-term deficit problem was created by Bush tax cuts and by an unfunded Bush-era expansion of Medicare. The long-term deficit problem is all about Medicare. Yet the only solution that Republicans can think of is reducing spending–but not Medicare spending. Of course, this …

The Ever Spending Story

The Ever Spending Story | The Daily Show | Comedy Central: The Daily Show With Jon Stewart M – Th 11p / 10c The Ever Spending Story comedycentral.com Daily Show Full Episodes Economic Crisis Political Humor (Via The Daily Show.) Jon Stewart’s displays usual genius.