Tag Archives: stimulus

Fiscal Stimulus: Target The Oversupplies


Adding a bit to Krugman’s latest. Think about it: what would the true costs be of repairing our roads? It wouldn’t divert capital from other investments — capital has no place to go, and markets are practically begging the federal … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , | Leave a comment

When Democracy Faces Functional Constraints


Paul Krugman gets pessimistic, noting that despite the intellectual collapse of austerity economics, there doesn’t seem to be any policy change anywhere on the horizon – and more importantly, there doesn’t seem to be a building public outrage for change. … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

A Simpler ACA “Tax” Comment…


My last post is a lot to read, so here’s a simple way to look at it: say Congress cuts Social Security $300 billion but simultaneously directs $299 billion to buy F-35 stealth fighters. Is that a “tax increase?” You … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , | Leave a comment

Censure the Fools


Krugman freshly laid out today the divergence between the two main economic theories that underpin liberal and conservative ideologies in the U.S. The graph shows independent confirmation that inflation is low (and falling!) despite an extraordinary increase in money supply. … Continue reading

Posted in Uncategorized | Tagged , , , , , , , , , , , , , , , , , , , , , | Leave a comment