Just when I thought that Paul Krugman couldn’t be any more full of shit, he proves me wrong time and again. From a recent Opinion column in The New York Times: Around the world — most recently at last weekend’s deeply discouraging G-20 meeting — governments are obsessing about inflation when the real threat is […]
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I’m not saying that some people don’t need some help during down times, but perhaps this news might incentivize going out and finding a job rather than sitting at home even longer by extending unemployment benefits. Again. For the third, er, fourth time.
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Well, color me surprised. The guy responsible for making sure that government financial decisons are sound is stepping down.
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Fuckin’ great. Not only are we spending an absolutely absurd $700 billion dollars a year for our own military,1 we’re now spending $650 million to fully arm the fledgling Afghan air corps. And we don’t even have the decency to provide them with American arms built in American factories by American workers, but with Russian […]
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Lori Montgomery and Brady Dennis of The Washington Post on the rejection of yet more spending: The Senate effectively rejected a slimmed-down package of jobless benefits and state aid late Thursday, rebuffing President Obama’s call for urgent action to bolster the economic recovery. Sens. Ben Nelson (D-Neb.) and Joseph I. Lieberman (I-Conn.) voted with a […]
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Joe Davidson of The Washington Post on the very late Government Efficiency, Effectiveness and Performance Improvement Act of 2009: In a display of what passes for government efficiency, the House didn’t manage to approve the Government Efficiency, Effectiveness and Performance Improvement Act of 2009 until 2010 was half over. Eager to jump on the efficiency […]
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I have yet to understand how the Demotards justify the idea that in order to get government spending under control, it needs to spend more and put it all on the company credit card. Luca Di Leo via The Wall Street Journal: In several congressional hearings this year, Mr. Bernanke has warned lawmakers that U.S. […]
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Apparently, the advisory board whose single task is to find creative ways to cut the federal deficit wants needs more money.
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Despite the fact that California has been in dire financial straights for at least the last 3 years, is currently in the fiscal shitter, in the midst of a $19.1 billion budget gap with one of the highest unemployment rates in the country, has been compared to the failed euro zone states, is looking to […]