Relevant and even prescient commentary on news, politics and the economy.

Debt, Recession, and That Ol’ Devil Denominator

Krugman recently presented this graph, showing household debt as a percentage of GDP. and made this comment. Second, a dramatic rise in household debt, which many of us now believe lies at the heart of our continuing depression. There are those who seem to believe that if Krugman says it, it must be wrong.   Here […]

Thinking on Health care funding. It’s getting wacky!

by Divorced one like Bush So, American’s put an intellectual in the president’s seat. It’s been called pragmatism. We cheer the return of science and thus critical thinking to our politics. Yet, here we are at the cusp of the next great societal character development issue since we figured out after the depression there was […]