Archive for the ‘politics’ Category

Two Views Of Paul Ryan

Representative Paul Ryan was a guest at a gathering of the American Council on Capital Formation this week. Apparently, he spoke at length on a number of topics. Two of the better analysts around these days attended and offered their take on his positions. Ryan Avent was, shall we say, not taken by Mr. Ryan: […]

Why We Can’t Reach A Compromise On The

Arnold Kling nicely simplifies the issues that must be addressed in order to get to a sustainable fiscal situation: The Republicans’ alternate universe is based on the belief that government spending ought not to exceed its historical average of about 20 percent of GDP. You can’t get future spending down to that level, however, without […]

Republicans Need A Modified Tax Message

This perhaps demonstrates just how big a mountain the Republicans have to climb with their deficit reduction budget: While I give Ryan and his compatriots high marks for sparking the current debate, I felt from the beginning that they missed the boat on a couple of things. One is an unrealistic assumption about the eventual […]

The President’s Smoke And Mirrors Budget

Just a minute to post tonight. This from James Pethokoukis is well worth your time. He demonstrates how the Obama budget plan (framework ?, thoughts ?, musings ?) lacks any credible substance. It’s much more tax centric than advertised and essentially impervious to financial parsing given the paucity of detail. Pethokoukis nails it. It’s nothing […]

Why Do These People Continue to Disemble?

Fair being fair, I started out to criticize the Republicans for either getting snookered by the Democrats in the recent budget negotiations or being grossly incompetent. Before I proceed to only a bit more complicated explanation of their failure, let me finish that task. It is pretty clear that the cuts that the Republicans trumpeted […]

Obama’s Trigger Option

There isn’t a better source for analysis of Washington economic policy than Keith Hennessey. His ability to go beyond the nuts and bolts of a particular proposal and identify the way it folds into the manner in which Washington does business as well as ferret out the hidden games and agendas is unmatched. That’s why […]

Obama Delivers A Political Speech Not A Plan

Well at least we now know the source of our fiscal imbalances — George W. Bush. We were on the road to endless surpluses until he cut taxes and gave seniors coverage for their drugs. If not for that bounder Barack Obama would not have had to stand up in front of the nation and […]