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Open thread Feb. 1, 2011

Dan Crawford | February 1, 2011 8:52 pm

Comments (7) | Digg Facebook Twitter |
7 Comments
  • Joel says:
    February 1, 2011 at 9:24 pm

    CoRev lengthy post announces seriousness of the national debt, need to cut federal spending on domestic programs (while not mentioning defense spending or the option of tax increases as part of the solution) in three … two … one …

  • jazzbumpa says:
    February 1, 2011 at 10:01 pm

    Many aspects of the American ecoomy changed in deep and fundamental ways circa 1980.

    I like to blame Reagonomics for everything bad that has happened since, but – quite without holding St Ronnie blameless – there is more to it than that, if for no other reason than some things started to shift even before 1980.

    Were the post war years up through ’80(-ish)  a golden age, has the time since been the great stagnation, or both?

    Some examples:

    Wealth distribution

    http://lanekenworthy.net/2011/01/31/the-great-decoupling/

    Inflation
    http://www.asymptosis.com/what-caused-the-great-inflation-65-83.html

    Finance
    http://www.asymptosis.com/who-prints-money-and-who-gets-to-have-it-its-up-to-the-banks.html

    Infaltion again
    http://krugman.blogs.nytimes.com/2011/02/01/the-un-cola-era/

    Productivity
    http://krugman.blogs.nytimes.com/2011/01/28/the-wal-mart-decade/

    Government Spending
    http://jazzbumpa.blogspot.com/2011/01/government-spending-and-great.html

    Cheers!
    JzB

  • jazzbumpa says:
    February 1, 2011 at 10:12 pm

    Pre-emptively, then;

    Bush owns the current budget problems.
    http://jazzbumpa.blogspot.com/2010/07/bush-owns-deficit-stimulus-spending-is.html

    Deficits are laregely due to a very short list of factors.
    Star wars.
    Bush Wars.
    Bush Tax Cuts.
    Economic downturn.

    http://jazzbumpa.blogspot.com/2010/12/history-of-federal-deficits.html

    Cheers!
    JzB

  • CoRev says:
    February 1, 2011 at 11:09 pm

    Joel, now that’s funny!

  • jazzbumpa says:
    February 1, 2011 at 11:44 pm

    And a great chance for us to laugh together.

    JzB

  • buffpilot says:
    February 2, 2011 at 5:11 pm

    rdan,

    Anyway to have the comments come up with the first comment at the top and scrolling down to later ones yet keep the embedded ones? Basically reverse of the way it does now with the newest on top.

    BTW, the site loads much faster these days…

  • Rdan says:
    February 2, 2011 at 10:50 pm

    I am working on it….echo pro went to $100 a month from our courtesy subscription, so this is echo live.  I don’t care for it either.

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