All Life Is Problem Solving

It looks like we’re approaching an inflection point of great danger in working through problems in creating Economic Recovery. The inflection point is coming because there has been little economic recovery both internationally and domestically, with some nations continuing to run large deficits, and a growing chorus from many, calling for austerity and Governmental budget […]

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It looks like the Democratic Leadership will get its wish, a sprawling “health care reform” bill, mostly focused on changes to the health insurance system that deliver many millions of new customers to the health insurance industry. The Democrats are making many upbeat claims about this bill, calling it historic and claiming that it will […]

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The corporatist-centrist politicians, such as Judd Gregg, Kent Conrad, Evan Bayh, no longer afraid of a total collapse of the world economy, are using deadly innocent frauds, scare, myths, and lies about the deficit and the national debt to undermine the possibilities of progressive change in the United States. It seems, also, that they’re now […]

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For the Democrats in Congress, winning in November isn’t rocket science; it’s about having the will to pursue survival ruthlessly. The key to winning is giving the American people what they’ll like, and not allowing any of the normal Washington obstacles to stand in the way. But, for Dems to act that way depends on […]

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In the previous two posts in this series I’ve examined four ideas that Warren Mosler has called “deadly innocent frauds,” (difs) and that others have variously referred to as myths, scares, and lies. Three of the difs — that Government deficits create a debt burden for future generations, take away non-governmental sector saving, and that […]

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The Democratic Party will be the first to tell you that it’s the Party of the people, especially working people and the middle class. Change we’re supposed to believe in is change from a society moving in the direction of the wealthy, to one that is clearly moving in a direction to restore the American […]

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On April 1st Sen. Judd Gregg (R-NH) the Republican stalwart who changed his mind about serving as Secretary of Commerce in the Obama Administration, gave us a beautiful example of the surpassing “rationality” of standard Republican reasoning about the pending budget bill in the Congress in the form of a Washington Post op-ed piece, called […]

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