Damn straight. Give 'Em Hell Barry came back tonight.
This past week, reporters have been asking "What will this speech mean for the President? What will it mean for Congress? How will it affect their polls, and the next election?"
Showing posts with label Lesser Depression. Show all posts
Showing posts with label Lesser Depression. Show all posts
Thursday, September 8, 2011
The Entire Text Of Tonight's Speech
Sept. 8th, 2011
Damn straight. Give 'Em Hell Barry came back tonight.
"Tonight we meet at an urgent time for our country. We continue to face an economic crisis that has left millions of our neighbors jobless, and a political crisis that has made things worse.
This past week, reporters have been asking "What will this speech mean for the President? What will it mean for Congress? How will it affect their polls, and the next election?"
Damn straight. Give 'Em Hell Barry came back tonight.
This past week, reporters have been asking "What will this speech mean for the President? What will it mean for Congress? How will it affect their polls, and the next election?"
Friday, August 19, 2011
Good Morning... We're Still Screwed For No Good Reason
Aug 19th, 2011
Paul Krugman writes:
"In the past, you could make excuses on the grounds of ignorance. In the 1930s they didn’t have basic macroeconomics. Even in Japan in the 1990s you could argue that it took a long time to realize that the liquidity trap was a real possibility in the modern world.
But we came into this crisis with a pretty good understanding of what was at stake and pretty good analysis of the policy options — yet policy makers and, I’m sorry to say, many economists just chose to ignore all that and go with their prejudices instead.
And the worst of it is that the people who got this so wrong have not and probably won’t admit to their awesome wrongness; on the contrary, they’ll dig in. And the Lesser Depression will go on and on and on."
Enjoy. We have one more whole day of market exchange volatility ahead of us before the American broadcast media begins their round-table "discussions" with an entirely balanced consortium of pandering rightists.
Paul Krugman writes:
"In the past, you could make excuses on the grounds of ignorance. In the 1930s they didn’t have basic macroeconomics. Even in Japan in the 1990s you could argue that it took a long time to realize that the liquidity trap was a real possibility in the modern world.
But we came into this crisis with a pretty good understanding of what was at stake and pretty good analysis of the policy options — yet policy makers and, I’m sorry to say, many economists just chose to ignore all that and go with their prejudices instead.
And the worst of it is that the people who got this so wrong have not and probably won’t admit to their awesome wrongness; on the contrary, they’ll dig in. And the Lesser Depression will go on and on and on."
Enjoy. We have one more whole day of market exchange volatility ahead of us before the American broadcast media begins their round-table "discussions" with an entirely balanced consortium of pandering rightists.
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