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Chains of Debt

Body: I originally wrote the following essay in late 2009, almost three years ago. I never got it published, though I did circulate it privately. At the time I theorized that debt was the common...

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I'm Jus' Sayin'

Body: There are no operational or legislative constraints which prevent the Federal government from eliminating deficits and debt forever. Cynical subversion triumphs in the national debate on tax...

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Letter to the Editor: Feel Free To Borrow and Rewrite [Revised]

Body: The LA Times editor says they are publishing this letter, so I'm posting it in case anyone else may want to send something like it to their paper. Feel free to rewrite, improve, expand, whatever...

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President Obama Gave Speaker Boehner the Debt Ceiling to Play With in 2010

Body: Disclaimer: This forum rules like the moderator. I'm talking about a different one that tends to skew towards Obots in an orange way.And here we are again! It started in 2010. The Bush tax cuts...

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Go Ahead, Celebrate — You're Celebrating Failure

Body: Not you, Corrente. You know who.Well it seems this continuing debacle every 3 months has ceased, for now. However, I really can't get over this pathetic celebration over the really low bar...

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Dear Dr. Krugman: Please Let Me Explain

Body: Paul Krugman can't explain why the deficit issue has suddenly dropped off the agenda. He says:. . . quite suddenly the whole thing has dropped off the agenda.

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What that Letter Should Have Said

Body: On Valentine's Day, Senator Bernie Sanders sent a letter to the President, authored by himself and signed by 15 other Senators, all Democrats. The letter was a response to the rumors that the...

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How to Restore the Good Name Of Government

Body: Why is it that Washington village “progressives,” and their associates in other parts of the country who are nevertheless part of the Washington village culture, often ask useful questions, but,...

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Peterson Thinks We Need Austerity While He Lives It Up!

Body: The Peterson Foundation reacted to the President's budget document with a report repeating its usual whining about the debt problem, and the need to cut entitlements. Here are quotations from the...

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Yes We Can Pay for Increasing Social Security Benefits

Body: Some time ago, in the pages of USA Today, Duncan Black, better known to some as Atrios voiced the immediate need for increased Social Security benefits of 20% or more even if it means raising...

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Yes We Can Pay for Increasing Social Security Benefits: Updated

Body: Or, I might add, for any other obligation the Federal government cares to honor.

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