This is why Andrew Leonard (h/t Yves Smith) gets paid for blogging and I don’t. He tries to do the impossible: make sense out of Michelle Bachmann’s “economics“: 1) The…

If I made this up, you would never believe me: “He informed me by text while he was on the floor,” [Erie County Republican Chairman Nicholas A.] Langworthy said of…

Yahoo! News, Tuesday early afternoon Dr. Black, Wednesday, just before noon. Brad DeLong, about fifteen minutes after Dr. Black Me, Monday morning. But this isn’t a “First Mover” claim. It’s…

More on the health-care later, but let me be clear: Congressman Paul Ryan’s “plan” is NOT a budget. Budgets show Sources and Uses. As the CBO analysis makes clear, this…

As the CUTGO Congress attempts to return to the spending ways of 2001-2008, the parallels grow clearer. A simple table to allow easy comparison of the major initiatives of 2001…

Bruce has made this point repeatedly. Dr. Black puts it in more direct language: [I]nevitably the Social Security Trustees will, perfectly justifiably, tweak a few assumptions about future economic activity…

I try not to pay attention—and not provide a direct link—to the NYT’s Stupidest Conservative. It’s one of the greatest advantages of having Susan of Texas around: you can go…

Echoes of Japan, echoes of the Great Depression. One of the few economists who knows history closes a post by presenting the proper context for the choices: A quick exit…

I doubt even the Internet’s self-appointed Chief Geithner Apologist will be foolish enough to stand by him after this piece of shite: Some people just don’t like movies with happy…

When the question is asked whether the Obama Administration are fools or liars—and a certain Chicago mayoral candidate is often nominated as both—you can be certain discussion of “the public…