…transcripts. Helen Thomas notes how President Bush has lowered the bar for what is acceptable (hat tip to Mark Thoma). Speaking of lowering the bar, the National Review finds perjury…

…the news last night? Did John Kerry and Bill Frist switch parties? Did Bill Thomas and Charles Rangel switch parties? Have Howard Dean and Ken Mehlman traded positions? Mr. Murdock…

Thomas Nugent provides a very extended “question” that Republican Congressman Ron Paul asked Alan Greenspan and then notes: Maybe these politicians simply improvise around the questions their interns write for…

David Altig recommends this paper from Michael Kouparitsas entitled “Is the U.S. Current Account Sustainable”. He poses the question initially in a manner similar to how Thomas Sargent and Neil…

…Bill Thomas, who admit that we need to recognize the deferred tax bills that President Bush is imposing on us, one reason to oppose the use of a consumption tax…

…queries what would Rip van Winkle think if he woke up from a nap that began in 1985. In 1985, the debate centered on the “Twin Deficits” – the fiscal…

Donald Luskin is pushing this paper from Thomas A. Garrett and Russell M. Rhine as proof we should support Bush’s Social Security proposals. Their paper tells us two things we…

…might actually raise national savings? I think the old Neil Wallace-Thomas Sargent “game of chicken” concept may offer some clues. In some of Sargent’s writings, he suggested that the Reagan…

…Thomas Sargent a generation ago was criticizing Reagan’s fiscal policy, he was careful to say that we were on the path to bankruptcy as he noted solvency could be maintained…

Rumsfeld was in Kuwait hoping to cheer up the troops but faced a few tough questions: One soldier, identified by The Associated Press as Army Spc. Thomas Wilson of the…