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

Austerity for thee but not for me

Republicans are once again blaming social programs for the ballooning deficits and national debt. Setting aside the fact that the US debt/GDP ratio was higher at the end of WWII and that Japan has a far higher debt/GDP ratio, what would a serious discussion about federal spending look like? Obviously, it would decry the squandering […]