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economics

From The Atlantic: The Rust Belt Didn’t Have to Happen

Vice President Mike Pence’s hometown of Columbus, Indiana, thrived while other cities declined, because J. Irwin Miller, its wealthiest and most prominent industrialist, remained deeply rooted in and committed to his city. He used his clout, money, and a visionary progressive approach to build up Columbus for long-term success. A new biography of him called […]

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economics Uncategorized

The US startup is disappearing

Historically, startups have been the engine of US economy. By creating new jobs and surfacing new ideas, startups play an outsized role in making the economy grow. It’s too bad they are a dying breed. via The US startup is disappearing It’s not taxes and regulation. It’s lack of investment in science and technology.

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economics Uncategorized

the era of fiscal restraint is over

the era of fiscal restraint is over Venezuelazation of the US economy. Growth driven by government spending rather than capital markets.

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politics Uncategorized

Blame Obama Please

Remember when Obama negotiated with the GOP over an extension of the Bush tax cuts and allowed the GOP to take the budget hostage? This phony debt ceiling crisis is directly related to that. If he let the tax cuts expire we wouldn’t be in this mess as the GOP would have been discouraged from […]

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Yglesias on The Conservative Recovery

conservatives should wake up to the fact that their economy theory is nonsense. On their telling, the state of the economy is bleak due to Obama’s socialistic policies and if we just trimmed back government the private sector would come roaring back. The truth is that under Obama the private sector has been growing and […]

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Uncategorized

Yglesias on The Conservative Recovery

conservatives should wake up to the fact that their economy theory is nonsense. On their telling, the state of the economy is bleak due to Obama’s socialistic policies and if we just trimmed back government the private sector would come roaring back. The truth is that under Obama the private sector has been growing and […]

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economics politics Uncategorized

Who’s Running TARP? You Might Not Wanna Know

Last week, Congress’s oversight panel for the TARP funds confirmed in a report that the Treasury Department essentially has no idea what banks have done with the astronomical sums they’ve been handed. From TPMMuckraker | Talking Points Memo | Who’s Running TARP? You Might Not Wanna Know Nice jumping off point for discussions on what […]