All Life Is Problem Solving

Joe Firestone’s Blog on Knowledge and Knowledge Management

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The “Progressive” Give-Up Formula Is Alive and Well In the Latest Deficit Reduction Plans

December 14th, 2010 · Comments Off

Self-styled “progressive organizations” and commentators have been releasing their own deficit reduction plans in reply to the plans released by Erskine Bowles and Alan Simpson, Alice Rivlin and Pete Domenici, and The Peterson-Pew Commission. These new plans, were released by the Institute for America’s Future, Citizens Commission on Jobs, Deficits, and America’s Economic Future and [...]

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Tags: Politics

The Real Solution to the REAL Fiscal Sustainability/Fiscal Responsibility Problem

November 24th, 2010 · 1 Comment

In a recent post I wrote about “The Real Solution to the Fiscal Sustainability Problem.” But I was just kidding, folks. That was a solution only for people who think that Fiscal Sustainability means controlling the growth of the national debt, and stabilizing and reducing the debt-to-GDP ratio. That view of Fiscal Sustainability, however, doesn’t [...]

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Tags: Politics

The Real Solution to the “Fiscal Sustainability Problem”

November 24th, 2010 · 1 Comment

As I’ve blogged many times before, I don’t think there is a “fiscal sustainability problem” as the people who are presently deluging us with exhortations to bring the national debt and the debt-to-GDP ratio define it. That’s because I define “fiscal sustainability” in a different way than they do, as I’ve explained in another post. [...]

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Tags: Politics

The Very Idea of A Long-term Deficit Reduction Plan

November 24th, 2010 · Comments Off

This week and last we’ve seen the appearance of four plans for “deficit and debt reduction.” Erskine Bowles and Alan Simpson started things off by releasing their Co-Chair’s plan. At about the same time, the Peterson-Pew Commission on Budget Reform issued a plan on reform of the budgetary process designed to ensure that fiscal rules [...]

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Tags: Politics

Stephanie Kelton and the Catfood Commission: “I know which scenario benefits me. Do you?”

November 24th, 2010 · Comments Off

In a beautifully simple post that should crystallize everything for you, Professor Stephanie Kelton of the University of Missouri at Kansas City crystallizes the logic of the Sectoral Financial Balance Model for President, Obama, the Catfood Commission, the deficit hawks and doves and you and me. She says: In a ‘closed economy’ (one without foreign [...]

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Tags: Politics

The Counter-narrative To the Catfood Commisson: More on “Our Guiding Principles and Values”

November 24th, 2010 · Comments Off

A few days ago I began a critique of the Catfood Commission Co-Chair Proposals draft, by focusing on a single slide of their presentation stating “our guiding principles and values.” There was enough objectionable material on that slide to justify a post. But there’s much more worth commenting on in the succeeding slides on the [...]

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Tags: Politics

Fiscal Sustainability Conference Videos and Transcripts Now Available

November 24th, 2010 · 1 Comment

On April 28, 2010, The Fiscal Sustainability Teach-In Counter-Conference was held at The Marvin Center of The George Washington University In Washington, DC. The Conference was first proposed in a post I blogged on April 7th at a number of sites including this one. A group of bloggers responded and collectively, using primarily the Correntewire.com [...]

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Tags: Politics

Take Out the Catfood Commission and Get On to the Real Work

November 23rd, 2010 · 1 Comment

This is the first of a number of posts on the Catfood Commission’s latest travesty: the Co-Chair’s Proposal. The proposal begins with statements about “Our Guiding Principles and Values.” I’ll analyze the first page in this statement of principles in this post. 1.We have a patriotic duty to come together on a plan that will [...]

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Tags: Politics

Cenk’s Post-election Rant

November 11th, 2010 · Comments Off

Cenk Uygur provides us with this very much to the point post-election rant. I couldn’t agree more. But the question is the messaging on it. People who want to change things, whether Dems or otherwise, need to frame things as solutions to problems, while only voting for solutions that will really work. For example, the [...]

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Tags: Politics

We Need A Tax and Spend Party Again

September 27th, 2010 · Comments Off

It’s been nearly 35 years since we’ve had a “tax and spend” political party. During the 1970s, the Democrats gave up fighting the Republicans about the “tax and spend” label, and the Carter Administration tried to escape from that charge by making very serious attempts to balance the budget. During the 1980s, more and more [...]

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Tags: Politics