Keynesian Theory of Economics

NOW THE HARD WORK MUST BEGIN

Printed from the News & Observer – www.NewsObserver.com Published Thu, Aug 04, 2011 Bowles and Simpson: Now the hard work must begin BY ERSKINE BOWLES AND ALAN SIMPSON – The New York Times Last month, President Barack Obama and congressional leaders came close to an agreement that could have set our nation on a sound […]

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THE ROAD TO FISCAL RUIN – OUR ENTITLEMENT STATE

JULY 28, 2011 The Road to a Downgrade A short history of the entitlement state. EXCERPT FROM THIS ARTICLE: Many on the left still blame Ronald Reagan, but the debt increase in the 1980s financed a robust economic expansion and victory in the Cold War. Debt held by the public at the end of the

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THE OBAMA DOWNGRADE

JULY 15, 2011 The real reason the U.S. could lose its AAA rating. So the credit-rating agencies that helped to create the financial crisis that led to a deep recession are now warning that the U.S. could lose the AAA rating it has had since 1917. As painfully ironic as this is, there’s no benefit

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KRUGMAN; ‘I DIDN’T MEAN THAT STIMULUS!’

3:25 AM 07/12/2011 by Mickey Kaus Paul Krugman now says that some kinds of Keynesian stimulus spending just aren’t as effective as other kinds. Specifically, he suggests, aid to state and local governments (to enable them to keep government workers in their jobs) is a sort of second-class stimulus: So what happened to the stimulus? Much of it

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REPUBLICANS AND THE THATCHER LEGACY

JUNE 30, 2011 Mitt Romney has adapted her ‘Labour Isn’t Working’ slogan, but would he emulate her steely leadership? By ANDREW ROBERTS In 1978, with the British economy in crisis and unemployment hovering at 1.5 million, or 5.1% of the working-age population, Margaret Thatcher’s Conservative Party turned to its advertising gurus, Charles and Maurice Saatchi,

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LIBERALISM’S DEATH CROAK

THE AMERICAN SPECTATOR The Current Crisis By R. Emmett Tyrrell, Jr. on 4.28.11 @ 6:09AM WASHINGTON — While inspecting the body politic, one encounters one clear sign that Liberalism is dead. It is the condition of our political discourse. Polite commentators note that the dialogue is “rancorous.” Some say toxic. Actually it is worse than

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OBAMA’S RECOVERY RATE COMPARED WITH REAGAN’S

APRIL 15, 2011 The Obama Growth Discount Policy matters. If Barack Obama matched Ronald Reagan’s post-recession recovery rate, 15.7 million more Americans would have jobs. By PHIL GRAMM Had the U.S. economy recovered from the current recession the way it bounced back from the other 10 recessions since World War II, our per-capita gross domestic

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KNOW THY ENEMY: MOVE-ON.ORG EMAIL – 30,000 FASTING

LIBERALS  DON’T SEEM TO BE CAPABLE OF UNDERSTANDING JUST HOW DESTRUCTIVE THEIR OUT-OF-CONTROL SPENDING IS FOR OUR COUNTRY!  THEY CAN DEMONIZE THE WEALTHY BUT EXACTLY WHO IS PAYING FOR ALL THEIR SPENDING WHEN 40% OF AMERICANS DON’T EVEN PAY TAXES!! Dear MoveOn member So far, more than 30,000 people are participating in a rolling fast

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