Have you no sense of decency, sir? At long last, have you left no sense of decency? — Joseph N. Welch, head counsel for the United States Army while it was under investigation by Joseph McCarthy‘s Senate Permanent Subcommittee on Investigations for Communist activities, an investigation known as the Army-McCarthy hearings.  Spring 1954. Shortly after the Denver debate two weeks ago, […]

In a terrific article published on Friday, Slate’s John Dickerson asks: Which Mitt Romney DoYou Trust Most? Is he a cold-heartedconservative or a moderate Republican from Massachusetts? How can we know? As for the second of those three questions—Is he a cold-hearted conservative or a moderate Republican from Massachusetts?—I think there’s a third possibility.  I […]

ROMNEY: Look, the revenue I get is by more people working, getting higher pay, paying more taxes. That’s how we get growth and how we balance the budget. But the idea of taxing people more, putting more people out of work, you’ll never get there. You’ll never balance the budget by raising taxes. Spain — […]

Paul Krugman writes on debt and austerity some more, and a link to Steve Roth’s post It’s private debt from December 2011 is mentioned in comments near the start of that thread. Steve’s post had 101 comments of a serious nature and is a really good thread I believe.

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 […]

 I don’t usually pass along a Krugman piece, but the ACA is familiar territory for AB. By Paul Krugman, The New York Times21 August 12here are multiple errors and misrepresentations in Niall Ferguson’s cover story in Newsweek – I guess they don’t do fact-checking – but this is the one that jumped out at me. […]

Of course see Mike Kimel’s Presimetrics, familiar to most AB readers, and posts at Angry Bear can be listed here Paul Krugman write on the meme: Dooh Nibor Update: And the Romney people respond with deep voodoo, invoking the supposed fabulous growth effects from his tax cuts. And who could argue? Remember how the economy […]

By now there’s been a lot of discussion in the media about the Vanity Fair and Associated Press exposés of Romney’s and his wife’s offshore bank accounts, to the limited extent that information about them is publicly available.  Romney is now likening overseas bank accounts and shell/money-laundering corporations to investing in real overseas companies—as if […]

From the Boston Globe comes this interview with Paul Krugman on what he does in between writing and speaking. Just for fun. From the bully pulpit of his New York Times column, Paul Krugman has been explaining why numbers matters since 1999. The unabashed liberal took the Bush administration to task, but he hasn’t exactly […]

by Mike Kimel They Also Serve Who Only Stand and Graph: A Graphical Response to Paul Krugman on the Effect QE1 and QE2 I’ve taken a lot of flak for critiquing two posts by Paul Krugman in two posts of my own (the second one is here). To summarize the point where people keep telling […]