After reviewing the terrible state of our economy and the need to reconstruct it so that people can find work and a vibrant middle class can be rebuilt, Bob Borosage suggests that Congress go back to first principles. he briefly reviews the post- WWII history of employment legislation and says: That debate was revisited in […]
Reality Check Plus
July 29th, 2010 · Comments Off on Reality Check Plus
Tags: Politics
The Wages of Limitless Pragmatism
July 29th, 2010 · Comments Off on The Wages of Limitless Pragmatism
Jason Rosenbaum, who runs the Seminal Blog at FireDogLake gives us an object lesson in what passes for “pragmatism” in Washington today. It is a pragmatism without a sense of limits. And we have seen it from the President, his closest advisers, and the “official” progressives resident in Washington and New York “think tanks” and […]
Tags: Politics
Deficit Doves Vs. Deficit Owls at ND20: Part Two
July 29th, 2010 · Comments Off on Deficit Doves Vs. Deficit Owls at ND20: Part Two
The debates between the deficit doves and the deficit owls continued at New Deal 2.0 (ND20) today. Jeff Madrick, a dove, gives us a post entitled: “Stimulate Now: On Inflation and Deficits.” In this post, I’ll evaluate Jeff’s views paragraph by paragraph. Jeff says: ”Some have suggested that if a country nears the point that […]
Tags: Politics
Deficit Doves Vs. Deficit Owls at ND20
July 29th, 2010 · Comments Off on Deficit Doves Vs. Deficit Owls at ND20
New Deal 2.0 (ND20) is, well, more New Dealish than other web sites, so instead of the usual conflict between deficit hawks and deficit doves, we might see at, say, the New York Times. Here things are shifted to the left, and we see a debate between the deficit doves and the deficit owls. The […]
Tags: Politics