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22 Apr 2019, 9:01 pm by Neil H. Buchanan
Of course, responding to that fear by saying, “Oh my gosh, we can’t nominate a socialist! [read post]
5 Sep 2019, 9:12 pm by Neil H. Buchanan
Nobody can agree on the qualifications,” a Washington Post reporter ran through the neoliberal arguments against free tuition and debt cancellation programs.Notably, the article also quotes South Bend Mayor Pete Buttigieg, who spoke for the tepid incrementalists during the first presidential debate when he said: “I just don’t believe it makes sense for working-class families to subsidize tuition for billionaires. [read post]
6 Apr 2016, 9:01 pm by Neil H. Buchanan
As the Baby Boomers now begin to retire, their children and grandchildren are inheriting an economy in which they are more productive than they otherwise would have been, which allows them to support the Baby Boomers in their retirement.In other words, the trust fund amounts to something like society’s “note to self”: “Don’t forget that the Boomers paid more money into the system so that they could draw it out when they are retired. [read post]
27 Apr 2022, 9:01 pm by Neil H. Buchanan
Otherwise, we could end up with Democrats in the future saying, “I guess we can’t stop the House from deciding the election. [read post]
23 Mar 2020, 9:01 pm by Neil H. Buchanan
And as I will argue below, this is highly unlikely to be the last time that Congress will need to deal with these issues.When Treasury Secretary Steve Mnuchin said, “This isn’t corporate welfare,” we had all of the verification that we needed that this is, in fact, corporate welfare on steroids. [read post]
10 Feb 2016, 9:01 pm by Neil H. Buchanan
With Trump and Cruz in the picture, anyone backing another Republican candidate can honestly say, “Well, my guy isn’t that crazy! [read post]
14 May 2023, 9:00 pm by Neil H. Buchanan and Michael C. Dorf
We would be delighted if the debt ceiling truly were a mere paper tiger that could be easily shredded by stamping “$3 trillion” on a piece of platinum or issuing bonds with a face value of one dollar but sold for a hundred dollars each because they offer 40,100 percent in interest (which is the rate Treasury would need to offer to reproduce the payback on a conventional 3-month hundred-dollar T-bill that pays the roughly 5 percent current interest rate). [read post]
14 Nov 2018, 9:01 pm by Neil H. Buchanan
Public attention has recently been focused on this month’s midterm elections, where Democrats have seen results that were even better than reasonably could have been anticipated (and that could soon be better still). [read post]
2 Oct 2019, 9:01 pm by Neil H. Buchanan
He quotes a former chairman of the Federal Reserve—the central bank of the United States, which is now fairly teeming with economists—saying in the 1950s that he had a small group of economists on staff because they were occasionally useful, but he kept them in the basement because “they don’t know their own limitations. [read post]
12 Oct 2022, 9:01 pm by Neil H. Buchanan
Fearmongering about the national debt is so common in the US that we often barely even notice when it is happening. [read post]
7 Oct 2020, 9:01 pm by Neil H. Buchanan
” In other words, at least some of them were so embarrassed by their own decision that they wrote: Don’t quote us on this! [read post]
16 Aug 2016, 4:00 am by Lowell Brown
“Too many lawyers are taking their lives because they can’t find another resolution,” Buchanan said. [read post]
12 Jun 2017, 3:45 pm by Steve Lubet
Garfield would have done the same if he hadn't been assassinated 200 days into his presidency. [read post]
6 Sep 2023, 9:01 pm by Neil H. Buchanan
Even so, he assures us that “[t]heir belief that Trump is their last, best hope to avoid being left in the dust is partly d [read post]
13 Nov 2019, 9:01 pm by Neil H. Buchanan
The headline on Waldman’s column put the point clearly: “Can Republicans relearn how to accept political outcomes they don’t like? [read post]
7 Feb 2011, 9:36 am
None may work for a too-big-to-fail company like GM, but that is irrelevant to whether the tech sector is economically important in providing large numbers of jobs.It is George H's further comment, however, that provides the key to my larger point: "[I]t's unfair to credit Ford et al with the Great Middle Class while looking only at Facebook's direct contributions. [read post]
23 Dec 2011, 6:19 am
They are, moreover, tired ideas.In Gingrich's imagined world, the Washington Post breathlessly tells us, "[t]here are two Social Security systems — one old, one new, running side by side. [read post]
17 Dec 2010, 9:38 pm
However, the major problem with the original stimulus plan was that it was too "mini"; so heralding the Obama plan as being stimulative merely sets up the future narrative that stimulus didn't work again. [read post]