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Public Perceptions And The Limited Value Of Recent History

CNN’s Candy Crowley made a noteworthy comment on the air last night, and we’ve heard similar remarks from other media figures quite a bit lately. The subject was President Obama’s prospects for a...

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Memo To Speaker Boehner: Time To Get Off “My Way Or The Highway” Hypocrisy

In a wide-ranging speech about jobs and the budget on Thursday, House Speaker John A. Boehner (R-Ohio) trumpeted the worthy goals of cleaning up the tax code and reducing long-term deficits, and he had...

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Nobody Understands Debt

In 2011, as in 2010, America was in a technical recovery but continued to suffer from disastrously high unemployment. And through most of 2011, as in 2010, almost all the conversation in Washington was...

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Why Mitch McConnell Should Avoid Discussing The Debt

Senate Minority Leader Mitch McConnell (R-Ky.) was asked about an extension of the payroll tax break yesterday, but instead of answering the question, the Republican changed the subject. The subject on...

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“The Big Fail”: Too Many Republicans Responsible For Economic Failure Retain...

It’s that time again: the annual meeting of the American Economic Association and affiliates, a sort of medieval fair that serves as a marketplace for bodies (newly minted Ph.D.’s in search of jobs),...

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“There Are No Asterisks”: Those Who Wrap Themselves In The Constitution, Must...

Shortly after the 2010 midterms, as the newly elected House Republican majority was poised to start governing (I use the word loosely), the GOP officials had an idea for a symbolic gesture: they’d read...

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“Addicted To The Apocalypse”: Scaremongers Can’t Bring Themselves To Let Go

Once upon a time, walking around shouting “The end is nigh” got you labeled a kook, someone not to be taken seriously. These days, however, all the best people go around warning of looming disaster. In...

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“Hell Bent On Another Crisis”: Will Congress Ever Grasp That The Debt Crisis...

As the American people tried to celebrate last year’s holiday season while mourning the loss of 26 lives in Newtown, Connecticut, Congress and the White House were duking it out over the “fiscal...

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“The Fiscal Fizzle”: An Imaginary Budget And Debt Crisis

For much of the past five years readers of the political and economic news were left in little doubt that budget deficits and rising debt were the most important issue facing America. Serious people...

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“Buckle Your Seatbelt”: Obama Reminds Congress About Looming Showdowns

Much of the political world’s attention has focused on the presidential campaign trail of late, and for good reason. Congress takes August off; President Obama has been on vacation; and his would-be...

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“The Making Of An Ignoramus”: Making America Great Again Means Running The...

Truly, Donald Trump knows nothing. He is more ignorant about policy than you can possibly imagine, even when you take into account the fact that he is more ignorant than you can possibly imagine. But...

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