Presidents Day: Congress’ Meddling on Display
Posted in Main Blog (All Posts) on February 16th, 2010 5:31 am by HL
Presidents Day: Congress’ Meddling on Display
Johanna Neuman, LAT
The Making of a Euromess
Paul Krugman, New York Times
Lately, financial news has been dominated by reports from Greece and other nations on the European periphery. And rightly so.Paul Krugman But I've been troubled by reporting that focuses almost exclusively on European debts and deficits, conveying the impression that it's all about government profligacy "” and feeding into the narrative of our own deficit hawks, who want to slash spending even in the face of mass unemployment, and hold Greece up as an object lesson of what will happen if we don't. For the truth is that lack of fiscal discipline isn't the…
Big Government Not a Solution
John Stossel, FOX Business
February 15, 2010 09:52 AM EST by John StosselThis month's Atlantic cover story makes dire predictions about the impact of the recession:It will likely change the life course and character of a generation of young adults… It could cripple marriage as an institution in many communities. It may already be plunging many inner cities into a despair not seen for decades. Ultimately, it is likely to warp our politics, our culture, and the character of our society for years to come.The dreary article quotes nearly every liberal economist and concludes that because we are in “such a…