Affordable Care Act Is Not Working Better Than Anyone Expected

By: Thursday October 9, 2014 9:07 am

Paul Krugman has new Rolling Stone article In Defense of Obama, but he decides he needs some historical revision for his defense. He claims the Affordable Care Act is “working better than anyone expected.” From their article: Then technical difficulties with the HealthCare.gov website seemed to threaten disaster. But here we are, most of the way [...]

Contra Paul Krugman, Obamacare Is Not an Example of the 1 Percent Losing

By: Monday April 7, 2014 6:46 am

In his recent column about inflation Paul Krugmancites the Affordable Care Act of proof that good policy can prevail against the rich: Now, I don’t think that class interest is all-powerful. Good arguments and good policies sometimes prevail even if they hurt the 0.1 percent — otherwise we would never have gotten health reform. But [...]

The Employer Mandate Is Not a Minor Add-on

By: Monday August 19, 2013 7:41 am

Since the Obama administration decided to delay the employer mandate I have noticed a disturbing trend where the defenders of the Affordable Care Act (ACA) are aggressively downplaying the role of the employer mandate. The latest example is Paul Krugman calling it “minor.” From Krugman: So there you have it: health reform is a three-legged [...]

The GOP Has a “Fiscal Cliff” Math Problem

By: Tuesday December 4, 2012 6:20 am

Until the Republicans figure out a way to make the math work their offer cannot be considered a serous plan, because it is not even a “plan.” A plan requires specific ideas that at least stand a chance of achieving the stated goal.

The 60 Vote Myth that Will Not Die

By: Monday September 10, 2012 8:52 am

One of the most annoying things about covering Congress is how completely almost everyone in the media has bought into the myth that it takes 60 votes to do anything in the Senate. Even people who should know better, like Paul Krugman, still spread this myth as if it was fact. From Krugman: What about [...]

“Acting” Director Ed DeMarco Shows Why Any Administration Needs to Get Its Own People In Place

By: Tuesday July 31, 2012 1:29 pm

President Obama wants to try principal reduction as a way to help home owners and the economy. The problem for Obama is Ed DeMarco, acting director of the Federal Housing Finance Agency, which would be responsible for implementing a key part of this policy, doesn’t like principal reduction.  As acting director of FHFA, DeMarco has [...]

OFA Director Attacks “Firebagger Lefty Blogosphere,” says “Paul Krugman is a Political Rookie”

By: Wednesday August 17, 2011 11:52 am

Paul Krugman is a Nobel prize winning New York Times columnist who consistently sits at the top of every poll of “most influential liberals.”

What exactly does OFA think they stand to gain by ridiculing Krugman as a “political rookie,” a hysterical “fanatic” and an “idealogue”? Do they think they hold so much sway with liberals that they can discredit Krugman and thus neutralize his criticism?

That smacks more of narcissism and megalomania than any sound political “strategy.”

Actually Sen. Lieberman, We Should Be Expanding Medicare

By: Monday June 13, 2011 10:56 am

The oft confused Sen. Lieberman gets taken to the woodshed by Nobel winner Paul Krugman. It turns out that the best way to hold down costs is not to cut Medicare but expand it.

Seeing No Bond Vigilantes, Deficit Hawks Work to Create Them

By: Wednesday May 18, 2011 6:00 am

I’m beginning to suspect the Republican’s decision to hold the debt ceiling hostage to demand only big cuts in spending and President Obama’s almost enthusiastic desire to play along was a way to deal with the problem of the nonexistent bond vigilantes by actively creating some. Most of the elites in Washington would love to [...]

Independence from Whom? Federal Reserve Design Breeds Bad Policy

By: Friday April 29, 2011 5:30 am

There seems to be a broad acknowledgement that the Federal Reserve has made the terrible decision to randomly change their goals by making their new top priority maintaining a one-percent inflation target, instead of the old understanding, two-percent inflation, or trying to achieve full employment, despite 8.8 percent official unemployment. I will let Paul Krugman [...]

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