If only Paul Krugman would STFU, I’m sure things would be just fine.

/s

Given that the federal deficit is basically the only thing that almost every major political figure has been talking about, the fact that the deficit only ranks as a top issue with 16 percent of the country is truly remarkable. I suspect the issue wouldn’t even rise above single digits if politicians and pundits hadn’t been continuously force feeding the public deficit hysteria for months.

Congress is in a full blown austerity mode right now and any deal that comes out of these negotiations is likely going to be really bad news for regular people. That is why I suspect any deal will just happen to be reached at the last minute, so Congress will “need” to quickly pass the bill with effectively no public debate or time for scrutiny.

How often do you have to be wrong until you are fired by the Obama Administration? For Treasury Secretary Geithner the answer seems to be a non-zero number approaching infinity.

The country is suffering from high unemployment, underwater mortgages, and rapidly escalating tuition prices. Most regular people lucky enough to have a job are seeing shrinking benefits from health care to retirement packages
I would love to have a major political party or even a major politician simple tell the American people they actually don’t need to keep suffer.

At a recent meeting with House Democrats, President Obama shot down the members’ hopes that he might step up his rhetoric against the Republicans. He’s concerned how the markets would react to his statements. From Huffington Post: Obama also told the assembled Democrats not to count on more fiery rhetoric from the Oval Office. “He [...]

With Washington now terrifyingly obsessed with immediate austerity, despite the UK being a perfect example of how misguided such a move is right now, it is important for millions to realize that our economy is in no way back to stable. Two recent stories are great reminders that while the economy probably seems fine for [...]

At this point, since it seems the absolute best case scenario for Democrats in this budget fight is that, by the end of today or the beginning of Monday, Congress passes a budget containing around $38 billion in immediate cuts to domestic programs over the next few months, but is free of any major policy [...]

According to the new CBS News/New York Times poll, 38 percent of Americans think President Obama has a clear plan for creating jobs while 53 percent think he does not. Well, I, for one, desperately wish that those 38 percent would share with the rest of the country because as far as I can see, [...]

House Minority Leader John Boehner (R-OH) has recently called on President Obama to fire Treasury Secretary Tim Geithner and Director of the National Economic Council Larry Summers. Now I don’t know how Boehner’s mother raised him, but where I come from, that behavior would be considered downright rude. Where is the gratitude? I think John [...]