You might be hearing about the "Fiscal Cliff." And you might be hearing about a "Grand Bargain." You certainly have heard about "Simpson Bowles." You will be hearing more and more about these strangely-named things because the usual suspects are cranking more »
Suppose the "deficit hawk" plan unfolds just as it is being presented -- right after the election and before those we elect can take office, the Congress meets and hammers out a "grand bargain" to "reform" taxes and cut back on government and the things democracy does for We, the People. Will that be the end of it? more »
Europe's in crisis. Unemployment is at a fifteen-year high after climbing for ten straight months, thanks to the austerity measures imposed on it by conservative leaders in France, Germany, and the international financial community. more »
I watched President Obama's "deficit speech" this morning. My wife was listening from another room. She does not follow politics as closely as you and I do. The only thing she heard was "Medicare cuts." Why was Medicare in a speech about raising taxes on the rich? That makes the speech about Medicare, for most people. more »
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