How to Avoid a Credit Downgrade
No matter what Congress does now, the probability is that at least one credit rating agency is…
Tag: Budget deficit
President Obama on Debt Ceiling: “If Not Now, When?”
A full transcript of President Obama's press conference on the debt ceiling is here, and an…
Why Not Try Something Besides Austerity?
Both Democratic and Republican Governors---- and, in fact, both parties at the national level----…
The Invisible Millions vs Deficit Terrorism
Not so long ago I distinctly recall hearing that President Obama's most trusted advisors,…
LET’S BE FAIR: Unions, Jobs, Deficits, and Debt
"I work for a private company, I had to take a pay cut, it's only fair that public…
The Real Budget “Third Rail”
The Republicans in the House of Representatives are busy blowing smoke about how they are going to…
But Is the Obama-GOP Tax Deal Good For the Country?
We have had a couple of days to digest the details of the compromise tax agreement reached between…
Mitch McConnell Demonstrates the Utter Bankruptcy of the Republican Party
Bottom line: Mitch McConnell and the Republican Party have no answer to the simple question,…
Cooch Admits GOP Ran Up Huge Deficits
It's always fun to watch Ken Kook-inelli expostulate on his view of the world. In this video,…
Obsessing About the Deficit vs. Opportunity Costs
UPDATE:The mania for budget-cutting is already adversely impacting the economy in the UK, where…
