A post like this really shouldn’t be necessary, but part of the right wing canard that Obama has been a profligate spender is based on spending as a percentage of GDP. It looks like this – Graph 1. Graph 1.  Fed Expenditures/GDP Sure enough, by the end of Clinton’s term the ratio had fallen from […]

Over at Plain Blog, an anonymous wing nut made this off-topic comment. Now, yes, Bill Clinton and his 2000 federal spending level of 18% of GDP doesn’t put him on the fringe, which makes it surprising that you lefties are celebrating him, even as you hysterically condemn anybody who resists the Left’s current massive spending […]

Greg Sargent, whose Gatekeeper Job at Kaplan Prep Daily makes him somewhat important in determining the results of elections, cast a pale over my good mood about my dinner bet with Lance Mannion this morning:* Having trouble getting outraged with Romney campaign sending out only good parts of Det[roit] News endorsement. Seems like par for […]

In case you are not aware, Bill Moyers is back and he doing his best work to date concentrating on our the changing of the rules regarding the economy. This episode where he interviews John Reed, former Citi Bank CEO and current MIT chair is most telling as it relates to the issue of why […]

by Daniel Beckerupdated: Tom Coburn, not John.I was not sure how to title this but, today on Washington Journal, Tom Coburn was on to talk about the economy and unemployment. At 2 minutes into the interview, Greta Brawner presents Ezra Klein’s take from this article: “And we’re just going to leave them without incomes and without […]