from: the left coaster by Mary Bush used the recession of 2001 to push through two tax cuts to stimulate the economy: Mr. Bush’s 10-year, $1.35 trillion tax cut of 2001, considered the largest in history, contained $174 billion of cuts during its first two full years, according to Congress’s Joint Committee on Taxation. The […]
Here’s How to Make a Real Stimulus Take Flight By Tom Donnelly and Gary Schmitt Washington Post In all the talk of economic stimulus in the White House and on Capitol Hill, one element has been conspicuously absent: defense programs. Yet including $20 billion to $25 billion per year of increased defense spending in the […]
The gross illogic here is obvious, "People who follow the Geneva Conventions are not concerned with protecting Americans". I presume that he’s hoping for a Terrorist Attack so he can justify his Torture, Domestic Spying, his War in Iraq, his secrecy, and his thinking. And if there is a dramatic Terrorist Attack, he’ll be poised […]
Mr. Cheney’s Blind Spot February 7, 2009 "THE UNITED States needs to be not so much loved as it needs to be respected." So declared former vice president Dick Cheney in an interview this week with Politico. Mr. Cheney is right – which is why he should be apologizing rather than defending the extreme Bush […]
Playing With Fire New York Times By BOB HERBERT February 6, 2009 It was good to see the president, ordinarily so cool, so accommodating, exhibiting some real fire the other night. It seems to have done some good. With the economy in deep, deep trouble, and Americans suffering by the tens of millions, the Republicans […]
Senators Close to Reaching Accord on Stimulus Bill Democrats appeared to have succeeded, after a long day of private negotiations and intense public debate, to have won the support of enough Republicans to move the package toward a final vote. Assuming there is a final vote, passage would be assured. Exact outlines of the accord […]
Japan’s Big-Works Stimulus Is Lesson … Now, as the Obama administration embarks on a similar path, proposing to spend more than $820 billion to stimulate the sagging American economy, many economists are taking a fresh look at Japan’s troubled experience. While Japan is not exactly comparable to the United States — especially as a late […]
On the Edge By PAUL KRUGMAN February 5, 2009 A not-so-funny thing happened on the way to economic recovery. Over the last two weeks, what should have been a deadly serious debate about how to save an economy in desperate straits turned, instead, into hackneyed political theater, with Republicans spouting all the old clichés about […]
Throughout the last eight years, we have complained that the upper eschelon of the Bush Administration [specifically Dick Cheney, Vice President] listened to neither the people or our Constitution. They thought that what they thought was right and did it. Now they’ve been voted out of office, and they’re still at it. They are still […]
The Action Americans Need By Barack Obama February 5, 2009 By now, it’s clear to everyone that we have inherited an economic crisis as deep and dire as any since the days of the Great Depression. Millions of jobs that Americans relied on just a year ago are gone; millions more of the nest […]