Most of the world, and most notably the United States, are in the grip of fiscal myths fostered by the ideology of neoliberalism. There is virtual unanimity across the major political parties in the United States in accepting the viewpoint of neoliberalism, and the fiscal myths associated with it.
This book is about these myths, the arguments showing that they are, indeed, myths, and the truths that can counter them. It is about Campaign 2016, and some of its issues, because the fiscal myths will certainly be used in the Campaign; since, for the first time in a very long time, there is a major party candidate running, who, because he advocates for a very broad agenda and for fighting inequality, will, sooner or later, find that some, and perhaps a large number, of fiscal myths are being directed at him by his opponents and their supporters, who want to persuade voters that his agenda is “fiscally irresponsible.” Read more about Fiscal Myths of Campaign 2016: A New Kindle e-Book
Upon my oath, I didn't intend to bring back the coin proposal until much later in the re-newed process of Republican hostage-taking over the debt ceiling. After all, there's not much chance that the President would ever use the platinum coin option, because his budget policy direction of getting ever closer to a budget surplus, is best served by a “forced” compromise with the Republicans, that results in another few hundred billion in spending cuts for 2016, while allowing him to place the blame on them for that outcome. Using the platinum coin option would not have that result, because it would deliver a clear victory to him.
Of course, he doesn't want a default due to Republican brinksmanship either, so if the Republicans do drag everyone too close to the cliff, then he may decide to take some extraordinary measures and the coin is one that is available, so it's conceivable that he might choose this undoubtedly, from his point of view, distasteful option. It is for this reason, I suppose, that the Brookings Institution is warning him off the coin to weight his choice towards some more conventional approach. Read more about The Platinum Coin Returns
We dreamed that we created a revolution. But we did not heed the great lesson of revolution. Today’s revolutionary is tomorrow’s little tyrant.
a must read. Read more about The problem with social media
n a new book on Israeli-American relations, Mr. Ross, who has worked on Middle East diplomacy for presidents of both parties, concludes that Ms. Rice’s “combative mind-set” worsened an already troubled relationship with Israel’s prime minister, Benjamin Netanyahu, who feared that negotiations would leave Iran a threshold nuclear state.
It seems that we should all be eating beets.
Whole Beets vs. Juice for Improving Athletic Performance
Oxygenating Blood With Nitrate-Rich Vegetables
fresh beets are simply too expensive for your humble servant, likewise frozen beets. So, is there any way to render canned beets palatable? Read more about beets
quick note about Yglesias; Vox is funded by Comcast, which recieves $1000/per month/per wiretap of their internet customers. Indescrminate wiretaps have been very profitable for Comcast, and we can expect continued attacks on Sanders by both Vox and NBC/CNBC/MSNBC. Similarly Amazon holds the cloud computing contract for the CIA, so we can expect the Washington Post to be very negative about Sanders.
Matt Yglesias Read more about 2016 will NOT be like 1972
One story that I didn’t write but wished I had involves our 39th president, Jimmy Carter, who is now ill with a spreading form of cancer. So I’ll write it now, more as an important personal remembrance for me rather than as a reported news story. ...
The intensity of the conflict over the Trans-Pacific Partnership (TPP) has died down since last June, after the Administration won its victory in getting Trade Promotion Authority (TPA) through Congress. During the Intervening months, the efforts of the Special Trade Representative (STR) to complete TPP negotiations have continued. Read more about Who Needs Balanced Trade? Who Needs Balance Budgets: A New Book on Trade and Fiscal Policy
If there is a government shut down people's food stamps will be stopped. That means hardship for America's poorest, it will also mean millions, possibly billions, of dollars in lost sales for Walmart. So it is time for Doug McMillon to show some leadership and put the considerable political muscle of Walmart behind keeping the government open. Read more about Time for Doug McMillon to show some leadership