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

Brian Williams Thinks Raising the Debt Ceiling Means Increasing BUDGET APPROPRIATIONS. O Peter Jennings, Walter Cronkite, and Edward R. Murrow, Where Art Thou? — [UPDATED]

I watched NBC Nightly News with Brian Williams last night.  Big Mistake. Big mistake. Because now I’m really confused.  I was pretty darn sure until then that “raising the debt ceiling” meant allowing the Treasury Department to pay financial obligations already incurred, such as interest on bonds, Medicare payments, and contract obligations, and to allow […]

Oh, No. David Brooks Thinks Social Security and Medicare Are State- and Local-Government Programs. Or Thinks We Do. Seriously. — APPENDED (twice)

The final problem is that, in an effort to reduce the economic concentration of power, the administration is concentrating political power in Washington. If the problem is that talent is fleeing blighted localities, it’s hard to see how you make that better if decision-making and resources are concentrated faraway in the nation’s capital. This is […]

Does David Brooks Really Think Student Loans, Public Universities, Public Infrastructure, and Small Business Loans Are Attempts at Socialist Central Planning That Undermines Creativity and Private Enterprise? I Mean … REALLY?* [Appended 1/23]

I’m a political junkie, born and bred.  And so the number of political opinion pieces I’ve read in my life, dating back to my teenage years (me being a child of my parents, they of the ardent liberal Democrat variety– “Oh, no, Bevy!  You have to return that purse.  That company is anti-union!”  “Okayyy, Mom.”)–run […]