Tag Archives: Austerity

The Only Answer

Artist – Keith Tucker In other news, the death toll from this week’s tornado outbreak now stands at 10, including 3 veteran storm chasers who suffered a direct hit. Also — President Obama has proclaimed the month of June to … Continue reading
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Posted in LGBT, Open Thread, Weather | Tagged , | Leave a comment

You’re Doing It Wrong

Federal Reserve Chairman Ben Bernanke should have spoken these words a long time ago, but better late than never. Bernanke says in his prepared testimony before the Joint Economic Committee, “fiscal policy at the federal level has become significantly more … Continue reading
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Posted in Economy | Tagged , , | 4 Comments

Fancy Ivy League Papers

Stephen Colbert tackles Reinhart and Rogoff and the global austerity fetish. “2.2 percent up, 0.1 percent down. You say potato, I say eliminate food stamps.” Colbert deserves our thanks for turning a boring, complicated, mathy topic into something entertaining that … Continue reading
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Posted in Comedy, Stephen Colbert | Tagged , , | 6 Comments

Joe Scarborough Is Out Of His Depth

After Paul Krugman appeared on Morning Joe a couple weeks ago and schooled everyone at the table on the absurdity of imposing intellectually-violent austerity on the American economy and social safety net– just to save the national debt immediately! immediately! … Continue reading
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Posted in Economy, Epic Fail, Jobs, Morning Joe, MSNBC, Rush Limbaugh | Tagged , , , | 3 Comments

Framers’ Intent

Artist – Tim Eagan In other news, Moody’s Investor Service cut the credit rating of the United Kingdom today because of weak growth outlook. Score one for austerity. Also — the Department of Justice has reportedly joined a civil lawsuit … Continue reading
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Posted in Guns, Open Thread | Tagged , , , | 1 Comment

Bobby Jindal Says Another Thing That Will Get Him in Trouble

Not long after Louisiana Governor Bobby Jindal said the Republican party cannot afford to be the “stupid party,” his approval rating among his own base of supporters plummeted. Now Governor Howdy Doody has done it again, and this trespass may … Continue reading
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Posted in Epic Fail, Stupid Party | Tagged , , , | 25 Comments

Austerity Does Not Stimulate Economic Growth

The best evidence in support of Keynesian economics and against austerity continues to be Europe which, rather than investing in the economy, is freaked out about debt and has been actively cutting spending to assuage the freak out. The contraction … Continue reading

Posted in Economy | Tagged , , , , | 8 Comments

Koch Tours

Artist – David Fitzsimmons In other news, austerity still isn’t working for Europe. In fact, it’s making things worse. Vote Galt/Gekko Ryan/Romney so we can try it here!

Posted in Open Thread | Tagged , , | 4 Comments

Wasteful Spending!

This story is tickling my funny bone. ThinkProgress examined spending records for the 112th Congress and found seven GOP freshmen — Reps. Chip Cravaack (R-MN), Sean Duffy (R-WI), Bill Flores (R-TX), Cory Gardner (R-CO), Bill Johnson (R-OH), Mike Pompeo (R-KS), … Continue reading

Posted in Ethics | Tagged , , , , , | 9 Comments

Best Healthcare System in the World!

This is criminal. JACKSONVILLE — The CDC officer had a serious warning for Florida health officials in April: A tuberculosis outbreak in Jacksonville was one of the worst his group had investigated in 20 years. Linked to 13 deaths and … Continue reading

Posted in Healthcare | Tagged , , , , | 8 Comments