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Economics

Deficit Reduction: Winning the Lottery versus Winning the War

Monday, July 7th, 2008

Since John McCain doesn’t know dick about either the economy or the Iraq War, but is better at faking knowledge of the latter, it makes sense that he would try to change the subject from one to the other at every available opportunity. But reducing the deficit by winning the war? Seriously?
It would actually make […]

Christmas has come early

Monday, June 30th, 2008

And Santa Claus is a creepy, expressionless robot.
According to Mike Allen at The Politico, Mitt Romney, our dream veep candidate, is topping McCain’s veep short list. The only thing standing in Mitt’s way, apparently, is his being such a tool.
Actually, if he’s going to pull this off, toolishness might be the only thing […]

Chicken Soup and ANWR Drilling for the Soul

Tuesday, June 24th, 2008

So apparently John McCain’s energy policy is now based around the “pyschological impact” of those studies instead of, you know, tangible results. Which I guess explains his support of the gas tax holiday.
Here are a few other planks in his energy strategy:
-Free Prozac for everyone.
-Hugs!
-Once a week, he will give a special address to the […]

The number one threat to our economy

Monday, June 23rd, 2008

TERRORIST VAMPIRES.
Yes, technically it is true that if a terrorist blew up America, that would be just awful for our economy. And if trees made everyone kill themselves, that would probably also be bad for the economy.
And if the monster from Cloverfield stomped all over Wall Street, obviously the stock market would be in pretty […]

Please, just let this election end

Tuesday, May 6th, 2008

Matthew Yglesias makes the prediction that today won’t change a damn thing and we’ll be watching Clinton and Obama trade barbs on TV until the sun finally goes supernova and envelops us in merciful, purifying flame. I’m one to agree. This race will never end and it will only get stupider and stupider. Why? Because, […]

Putting her lot in

Monday, May 5th, 2008

Over at the ol’ stomping grounds, Dean Baker is mad.
Yesterday on one of the Sunday morning talk shows Clinton said: “When the federal government, through the Fed and Treasury, gave $30 billion in a bailout to Bear Stearns, I didn’t hear anybody jump in and say, ‘That’s not going according to the market, that’s rewarding […]

Who the hell consults economists about the economy?

Sunday, May 4th, 2008

Hillary Clinton pulls a McCain:
From Hillary Clinton, after being asked if there’s a single economist who thinks a gas tax holiday makes sense:
“Well, I’ll tell you what, I’m not going to put my lot in with economists.”

This is the kind of quote that makes me want to drink a lot of bleach. Not just a […]

The gas tax holiday: So dumb, even Tom Friedman thinks it’s stupid

Wednesday, April 30th, 2008

Yep.
In other news, Friedman still writes at the New York Times? Up until he got hit in the face with that pie last week, I had kind of forgotten that he existed.

Our economy: Sucking

Monday, March 24th, 2008

Paul Krugman is confused about what candidate he’s supposed to be secretly in the tank for.
Both Democrats, by contrast, are running more or less populist campaigns. But at least so far, neither Democrat has made a clear commitment to financial reform.
Is that simply an omission? Or is it an ominous omen? Recent history offers reason […]

Re: Lant Pritchett Challenge

Friday, December 7th, 2007

Matt Zeitlin:
For Chris Hayes and anyone who considers themselves concerned with the least well off in society: do you support full labor mobility as envisioned by Lant Pritchett? If not, why not? Do you think having varying labor restrictions based on nationality is justifiable economically, socially or morally? If so, why so?
Read the whole post […]