I’ve been pretty busy, and in lieu of writing a real post, I’ll mostly quote Yves Smith : The reason most people don’t like government defic...

Glenn Hubbard thinks our Federal debt problem is worse than it was at the end of World War II: The US has addressed debt burdens before. Be...

So what, you might ask? Well, the word is out that the most recent year tax revenues as a percent of GDP were as low as they are now was 19...

That's it. First Obama openly states in a joint press conference with Israeli PM, Netanyahu, longstanding US policy with regard to Isra...

This has been floating around the blogosphere for awhile now, but figure we could all use a few chuckles, originally due to Sarah Skwire , h...

Newt Gingrich is receiving a lot of well deserved criticism for calling President Obama “the food stamp President" but as Dottie Rosenb...

We are indeed approaching an unprecedented situation. As I have repeatedly pointed out, the US is the only nation ever to have a nominal de...

As Barkley reminds, the Day fast approaches. Sincerely do I hope, fervently do I pray that those who count on being raptured out of here co...

I have already been too worried about the Rapture supposedly going to happen on May 21, according to Harold Camping of Family Radio Ministry...

Paul Ryan’s Path to Prosperity argues: Social Security is financed through a pay-as-you-go system, which means that current workers’ Social...

John Boehner addressed the Economic Club of New York on May 9 claiming the recent fiscal stimulus actually hurt job creation: The massive b...

I have now had a chance to view the Econ Stories pieces done by John Papola with Lord Robert Skidelsky, including the one that supposedly pr...

Crooked Timber has a little Hume-fest going on with people sending their favorite quotes: David celebrates his 300th birthday today. I lov...

The Ryan long-run fiscal plan has so many twists and turns, it is truly amazing. For starters, the Republicans are once again telling us th...

David Leonhardt is rightfully concerned about the state of our economy and reports: For the second straight year, the recovery seems to be ...