by Tom aka Rusty Rustbelt Health Care Thoughts: Health Exchange Delay The Obama administration has delayed the decision point on state health exchanges until December 14th. Much of the discussion on this issue has centered on politics. My focus is on more practical issues. The Obama administration has a track record of being unable to […]
by Linda Beale Sore-Losing Doesn’t Bode Well for Well-Considered Policy Choices on Taxes… Romney and Ryan have apparently joined the GOP sore-losers ranks most ably demonstrated by John McCain’s bitter post-presidential candidate spin. Romney betrayed the GOP’s disregard for ordinary Americans in a post-election talk with some of his major donors. Like his “47% comment” […]
by Kenneth Thomas What the Fiscal Cliff Means for the Middle Class Now that the election is over, it seems like all the politicians and pundits can talk about is the so-called “fiscal cliff.” But the chatter around the fiscal cliff is deeply weird, so in this post I will explain what it is and […]
In a previous post Fiscal cliff and the frenzy I pointed to the rush of reporting the day after the election. Some of these articles should be in the op-ed section instead of reporting. Lori Montgomery “Avoiding hard decisions could have grave consequences, analysts say…” … Few expect Washington to replicate the […]
Dean Baker writes to the question of who is pushing the fiscal cliff idea: Elites Demanding Austerity Also Ignored Housing Bubble … it was somewhat shocking to see a book review in The New York Times by Noam Scheiber, an editor at The New Republic, that longed for the day when we will have people […]
by Linda Beale Calling all Americans: we face an “austerity crisis” not a fiscal “cliff”; we need a piecemeal solution, not a “grand bargain” Keynesian economic theory is the only theory that has gotten much of what’s gone on in the last few decades correct, but of course the GOP market fundamentalists, in reliance on […]
Angry Bear comments has been switched to using the blogger word verification system until the spam aimed at us is controlled. Our counter shows over five thousand spams eliminated since Nov. 8th. We have avoided using the CAPTCHA filter because spam was at a relative nuisance level, but this period of time has seen a […]
by Linda Beale Is it a fiscal cliff or merely a bump in the road? Sixty percent of American voters in exit polls indicated that they supported higher taxes for the wealthy, see here. Even some arch conservatives are acknowledging that some tax increases won’t do terrible harm. Id. (noting that the Wall Street Journal’s […]