Sorry for the late posting….but no access till now.

Just about everyone who knows me well knows that I’m a WWII buff and have a very soft spot for veterans of that war.  So this really touched me. I thought some other Bears and readers, who don’t read the Washington Post regularly and would otherwise miss seeing this, might enjoy this little reason to […]

Does targeting low inflation lead to higher unemployment? In other words, is it possible that a higher natural rate of unemployment is necessary to maintain a lower rate of inflation? Output and prices move together to maintain economic momentum. Normally output increases in response to demands in the market, which keeps prices stable. Yet, at […]

Well today is a busy day. www.healtcare.gov is open for business, the discretionarily funded US Federal Government isn’t. There is a political crisis in Italy (no that doesn’t happen every day anymore) and there are crises both in the Republian party and in the PDL (Silvio Belusconi’s party which he considers his as his shoes […]

Obama Care for Fox News and Friends Not that they have any interest in reality at the moment. The Republicans have worked themselves into a frenzy that resembles the adolescent girls who accused the Salem townspeople of witchcraft at this point. This is how they look: Maybe it is time to take away the beer? […]

Whereas David Romer will say that the low inflation rate is a result of the zero lower bound. I would say that BOTH the low inflation rate and the zero lower bound result from the weak consumer liqudity due to very low labor share. In the previous post, I wrote about how inflation is a […]

by Linda Beale Cruz, Tea Party, Hostage-Taking Budget Tactics (and the IRS) The House, dominated by Tea Party/GOP politicians (or those fearful of their impact on upcoming primaries) passed a bill that attempted to tie the continuing operations of the government to compliance with Tea Party ideas about getting rid of the health reform legislation […]

Over at the almost always excellent Wonkblog, Lydia DePillis interviewed World Fuel Services chairman Paul Stebbins. Stebbins was “involved with Fix the Debt from the very early stages” so it isn’r surprising that Paul Krugman is unimpressed. I am less favorably impressed. I believe the interview contains a 100% false extremely damaging accusation against the […]

Having heard Senator Sander’s discussion on the floor, I thought the outing of the republican vision for this nation in total should be preserved on the net in writing.  People hear bits and piece but never put the entire picture together.   Maybe reading the list will help people picture the finished house the conservative mind […]

Curiosity’s SAM Instrument Finds Water and More in Surface Sample Sept 26, 2013 The first scoop of soil analyzed by the analytical suite in the belly of NASA’s Curiosity rover reveals that fine materials on the surface of the planet contain several percent water by weight. The results were published today in Science as one […]