As has been widely reported, S&P briefly reconsidered their plans to downgrade the credit...
Category - Economy
Recession Without Shock Absorbers
This assessment of the economic landscape is pretty accurate. Short form: there's nothing standing...
Sell, Sell, Sell!
How's everything at the casino? Follow along here.
'A Blast at Republicans'
The National Journal is hopefully establishing some common wisdom here that will permeate the DC...
The Bush Tax Cuts Continue to Haunt Us
Regarding the Bush tax cuts: Standard & Poors indicates that they could improve their rating...
Debt and Grabassery
Read the entire S&P press release here. Couple of items that jumped off the page: – The...
S&P Downgrades American Credit Rating
This is very, very bad. NEW YORK (Reuters) - The United States lost its top-notch AAA credit rating...
Out Of Control Spending!
Well, not really. According to the Congressional Budget Office, the federal deficit has already...
Hip-Hop BBQ and the Jobs Report
If you think this isn't racist, just ask yourself this -- would we see such a headline if the...
Another Happy Saboteur
Michele Bachmann loves her some economic shitstorms. Appearing on CNBC this morning, presidential...
Who Will Fix the Next Recession?
I meant to bring this up during the podcast this week. What happens if we do, in fact, slip into...
That Was Some Powerful Stimulus
Looking at GDP from the last several quarters of the Bush years and the first several quarters of...
Filibustering While On Vacation
After the withdrawal of Elizabeth Warren's candidacy to head the new Consumer Protection Bureau...
Totally Not Terrorists
The Republicans aren't terrorists. They're just kidnappers and hostage takers. Mitch McConnell: “I...
No False Moves Or the Economy Gets It, See?
Hang onto your protective head gear. It could be recession time again. Financial Times: "Unless we...
Jobs Shmobs
According to the Economic Policy Institute, the debt ceiling deal will slow economic growth. Not by...
Debt Deal Ignores Jobs, Housing and Growth
Ali Velshi from CNN does a nice job outlining what this debt ceiling deal won't do: BLITZER: Is...
Debt Deal Cuts Post-Grad Loan Program
I'm sure this will create jobs and grow the economy. Under the text of the bill, the federal...
Debt Deal Is An Eff-You to the States
The cuts in discretionary spending are going to hit the states in a seriously bad way -- and...
Upon Further Examination
While everyone is fixated on how terrible this debt-ceiling deal is for Democrats, If one pauses...
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