Since December, 2007: • “We don’t believe we’re going to have a recession though.” [Vice President...
Category - Economy
Depression Economics
Required reading for economic meltdown wonks: Krugman's blueprint for fixing the breach.
Stop Worrying And Love the Deficit, Part II
Robert Kuttner tells us why: Previous Stop Worrying post. h/t Jed.
Nobody Anticipated the Breach…
Krugman: A few months ago I found myself at a meeting of economists and finance officials...
WTF?
Grover Norquist: NORQUIST: Well, the economy’s in the present state because when the Democrats took...
Citigroup
Fact: the Republican strategy in 2010 and 2012 will be to attack the Obama White House and...
Panic!
Very Serious Tom Friedman: If I had my druthers right now we would convene a special session of...
Super Stupid
Mitt Romney and Sean Hannity think that fuel-efficiency (CAFE) standards made the Big Three go boom...
You Bring the Torches, I'll Bring the Pitchforks
The Detroit CEOs flew to Washington in private jets -- so they can beg us for money. Here's a...
Long Live the Shrill One
h/t Digby UPDATE: An illustration supporting Krugman's argument, by Brad DeLong:
This Is How You Do A Bailout
Outstanding news on the auto industry bailout: Speaker Nancy Pelosi (D-Calif.), in a Saturday...
Chapter 11
There's a push to simply allow the automakers to file for Chapter 11 bankruptcy protection. On the...
Give Me Something To Break
We're all scraping by just to keep up with our monthly bills, and AIG is doing this with our...
Bailing Out the Canyonero
I don't like the smell of the auto-maker bailout. These are companies that deliberately ignored...
Rage-Baiting
Exxon-Mobil shattered “its own record for the biggest profit from operations by a U.S. corporation...
It's Raining In America
Whoa.
Hang On Tight
The spazzy white guys in lower Manhattan are going crazy again.
-733
That historic gain on Monday? Between yesterday and today... Totally erased. When will President...
+936
I've never seen anything like this before. But of course the spazzy white guys in lower Manhattan...
Go Paul Krugman
He won the Nobel Prize for economics. Or as I call it, the President Bartlet Award for Excellence...