Category Archive: Domestic Politics

Jan 30

Serious versus Non-Serious Positions on US Debt

Paul Krugman was on Morning Joe (video below) this week and put forth  his standard arguments about job creation needing to take priority over deficits.  (I encourage people to watch it for a thorough run-through of the basic Keynesian arguments.)  The co-host, Joe Scarborough, wrote an opinion piece on Politico blasting Krugman.  What strikes me …

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Jan 20

No One Ever Says “We Are on the Road to Japan”

During the presidential campaign, Romney said Obama would drive the US down the road to Greece in terms of its debt.  Sen. John Cornyn made the same argument in an op-ed a could weeks ago, saying we need government spending cuts to avoid the “path of Greece, Italy, and Spain.”  But it interesting that one …

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Jan 13

First Tackle the Debt, Then Worry About Humans

I just watched a great interview with Paul Krugman by Bill Moyers from a couple days ago (see below).  Last summer I read Krugman’s book they mention, End This Depression Now, so this is all pretty familiar to me, but I still can’t help but feel furious that Republicans, and some centrist Democrats, are so intent …

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Jan 09

For US, Oil is About Power Not Consumption

DV IMAGE

A December Forbes magazine piece states, “If the United States no longer needs access to Middle East oil under any foreseeable circumstances, then the priority Washington assigns to the region will plummet. ”  Really?   Looking at some basic stats seems to show a different picture.  US consumption of Middle East oil is not the …

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Nov 14

Republican Economics the Same in 1920’s and Today

wealth concentration

Since I teach high school history, I thought I’d share a couple graphs I found for one of my classes.  During the 1920’s, GNP per capita was increasing… But gains were concentrated the top… Calvin Coolidge and Herbert Hoover were the proponents of supply-side economics and “rugged individualism” from 1921-1932.   Republicans spout the same …

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Nov 08

Brief Thoughts on Obama’s Reelection and Health Care

For reasons discussed in my previous post, I think we can be thankful that Obama won the election, or to be more accurate, happy that Romney lost.  The biggest difference is that Obama’s healthcare reform can stay intact.  (A good Huffington Post piece on this was posted today.)  Obviously, it would be nice to not …

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Nov 03

Blatant Class Warfare Makes Republicans Far More Dangerous

With the presidential election just about upon us, I am in a state of real worry.  If Obama wins, there are certainly profound dangers such as militarism abroad which sooner or later will revisit us in future 9/11’s, climate change, and continued concentration of power in a small, wealthy elite.  But if Romney wins, the …

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Oct 31

UK Think Tank Says Deficit Paranoia Increases Debt

A think tank in the UK has pointed out (as the IMF did in less vocal tones about Europe as a whole) that focusing on reducing government deficits is actually leading to greater debt.  The UK has taken an approach of tax increases and spending cuts to keep debt from going too high.  But the …

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Oct 30

Political Power Comes from Organization

I’ve come to realize I have a certain assumption of how I think political systems work that underlies a lot of my opinions so I thought I’d lay it out.  It’s really very simple, but I think it explains a lot.  It can be summed up in one sentence: Power over social decision-making requires organization. …

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Oct 29

Republicans Are Actually Keynesians

I feel like I never stop learning from Paul Krugman.  His latest blog post discusses the fact that the “fiscal cliff” of automatic spending cuts and tax hikes should be welcome to conservatives if they are consistent.  After all, they will significantly reduce the government deficit and all we hear from Romney/Ryan is how debt …

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