When there’s a Republican president and a Republican Congress, the voices on the right duckwalk in lockstep with their conservative leaders. There may be an inconsequential chirp of dissatisfaction nibbling around the edges, but there’s nary a negative word uttered from the right about their leadership when they’re leading. But on the left, there’s critical… Read more »
Posts Tagged: Paul Krugman
Politics is a nasty disgusting business. All the while politicians are running around shaking hands and kissing babies, their wealthy puppeteers are pulling their strings. And even though this has always been true of politics in America and elsewhere, it’s gotten a bit too out-of-control, particularly when it comes to Fox News and Rupert Murdoch’s… Read more »
The liberal mainstream media has fallen in love again. This time it’s with Wisconsin’s Republican Representative Paul Ryan and his “Roadmap for America’s Future” version 2.0. Everything’s version 2.0 these days, but in Ryan’s case, his roadmap to “solve America’s long-term economic and fiscal crisis” is really more of a 1.1 version. You see Newt… Read more »
Mort Zuckerman is a liar. Like the vast majority of conservative commentators he lies through his teeth on a regular basis and his sloped-forward mouth-breathing readings go, “Yup. Uh-huh.” Well today, Paul Krugman calls out Zuckerman for a recent op-ed he wrote in the Financial Times. Zuckerman sprinkles right-wing lies throughout the entire story, but… Read more »
The main moral you should draw from the charges against Goldman, though, doesn’t involve the fine print of reform; it involves the urgent need to change Wall Street. Listening to financial-industry lobbyists and the Republican politicians who have been huddling with them, you’d think that everything will be fine as long as the federal government promises not to do any more bailouts. But that’s totally wrong — and not just because no such promise would be credible.
When I hear Mitch McConnell (R-Ky) speak I want choke him. I’m not necessarily a violent person, but when I see McConnell’s greasy white face on TV I want to punch him in the throat. The Senate minority leader is the current GOP hitman. It’s his job to lead the attack to kill every bill… Read more »
Regulating the health insurance was a big effing deal, but reigning in the the banks is arguably far more critical to US economic stability. As usual, Economist Paul Krugman is your guide to all things economic, and today he broke down financial reform in simple and easy to understand terms. There are three groups of… Read more »
New York Times columnist and economist Paul Krugman takes a stab at disproving three of the most popularly believed myths about Obama’s health care reform.
Here we go again. Just like in 2003, groupthink is sweeping the nation. When the war drums were beating their loudest to attack Iraq, the media and pundits were onboard with the Bush administration lies. No one challenged what everyone knew to be true – that Saddam Hussein had weapons of mass destruction and he was going to attack the US. Now seven years later, we’re back at it again, but this time it’s that deadly deficit that will surely kill you and your family before the year is through.
In the past, the insurance industry’s power has been a major barrier to health-care reform. Most notably, the industry paid for the infamous “Harry and Louise” ads that helped kill the Clinton plan. But times have changed.
Paul Krugman won a Nobel Prize in Economics last year and he’s apparently one of the only economists who knows what’s going on with our economy. In today’s column he takes on the Federal Reserve and the old-school mentality that interest rates should go up at the same time unemployment is increasing.
Think about just how bizarre it is for Republicans to position themselves as the defenders of unrestricted Medicare spending. First of all, the modern G.O.P. considers itself the party of Ronald Reagan — and Reagan was a fierce opponent of Medicare’s creation, warning that it would destroy American freedom. (Honest.) In the 1990s, Newt Gingrich tried to force drastic cuts in Medicare financing. And in recent years, Republicans have repeatedly decried the growth in entitlement spending — growth that is largely driven by rising health care costs.
Paul Krugman has moved past the current health care reform debate and onto the next big problem – global warming. Kudos to Krugman for trying to stay ahead of the game of political discourse and trying to push the case for real environmental reform, but getting American capitalists to pollute less is going to make the health care debate look like a stroll through Central Park on warm summer day.
The Huffington Post published an investigative story on how the Federal Reserve controls what economists think, write and missed the obvious housing bubble burst.